Birzeit professor explores game theory, dynamic systems applications in international conference

Abdelrahim Mousa, a professor of mathematics at Birzeit University, has led a session on dynamics and games in the 2019 International Congress on Industrial and Applied Mathematics, held in Valencia, Spain, from July 15 to 19, 2019. 

The quadrennial conference, organized by the International Council for Industrial and Applied Mathematics — a worldwide organization for professional industrial or applied-mathematics societies — featured four thousand mathematics professors and experts from more than one hundred countries who discussed mathematical applications in aeronautics, disaster planning, climate change, energy storage, and medicine, among other topics. 

In the five-day event, Mousa together with Alberto Pinto and José Martins from the Institute for Systems and Computer Engineering, Technology and Science in Porto, Portugal, organized two sessions on applications of dynamical systems and game theory in biology, economics, engineering, energy, natural resources, and social sciences. 

Mousa also presented a paper titled “Optimal Consumption: Investment and Life-Insurance Purchase Under a Stochastically Fluctuating Economy” in which he explored the optimal life-insurance consumption, investment, and purchase- and selection strategies for a wage-earner with access to a financial market whose asset prices evolve according to linear diffusions that are modulated by a continuous-time stochastic process determined by an additional, diffusive nonlinear stochastic differential equation.