Scholar’s Advanced Technological System

The next day, the first lecture hall.

With a stack of twelve sheets of thesis, the Krugman Professor in formal wear stepped onto the podium.

Although this was originally supposed to be done by Xiaotong, she was quit by her experience that she did not report at a large conference and could not fully convey the results of the big brother’s research to the economics community.

In fact, it is indifferent to be the one who goes to the stage to complete these tasks.

Because she has already decided.

Looking around at the stage of calming down, Krugman Professor cleared his throat and said with a steady voice.

“I believe that many people here have already heard about the report meeting yesterday, and even they are on the scene.”

“The Lu-Bewley model Joseph Professor has made a very complete description. Although there are some omissions and misunderstandings, at the end of the report, those areas where there are omissions are also supplemented.”

“And with regard to the Lu-Bewley model, I don’t have much more to say. In fact, the original standing here today should not be me, but the Lu-Professor who actually did the work.”

When I heard the last sentence, the voice of whispering sounded.

“What does Krugman Professor mean?”

“What did Lu’s Professor do again?”

“If I remember correctly, the theme of this report should be to discuss the application of the Lu-Bewley model in macroeconomics.”

“It seems that Krugman Professor has temporarily made a change, giving up the thesis that he intended to publish… Is he planning to publish any new results for the Lu-Professor?”

Looking at the rioting re-enactment hall, Krugman Professor re-visited the blind and told the audience to stop talking.

After returning to the lecture hall to return to silence again, he continued to speak with a clear voice.

“Just yesterday afternoon, Lu’s Professor modified his research and left us with a better model than the Lu-Bewley model.”

“Someone may suspect that something can be made in an afternoon. In fact, just over a dozen hours ago, I was also skeptical…”

“Until I will actually read this thesis.”

After the Krugman Professor said this, many people in the lecture hall had an incredible expression on their faces.

Except those who were in this lecture hall yesterday…

Having said that, Krugman Professor paused for a moment, and his eyes stayed on the face of Joseph Professor in the front row for a few seconds, then looked at the audience and continued.

“Please don’t worry, I will show you the Lu-Bewley model after this improvement.”

“Please also please, listen carefully.”

……

Back to the audience, Krugman Professor used the marker in his hand to read the book on the whiteboard line by line, and based on his own understanding of the Lu-Bewley model and his understanding of thesis. With a detailed descriptive language.

Although the formula presented on the whiteboard at this moment is only the tip of the iceberg of this model, many of the Scholars who are good at using the mathematics tool here have obviously felt the improved Lu-Bewley model. A further superior performance compared to the previous model.

This is both an academic intuition.

It is also an experience that has been accumulated in macroeconomic research for a long time.

Especially Joseph Professor.

Listening and watching seriously under the stage, at this moment, his face is both shocking and relieved.

Now he is finally convinced that the person is really not joking.

I was able to study these things in an afternoon. This guy’s accomplishments in mathematics have stood at the apex of all his knowledge of Scholar…

And not just an understanding of the mathematics itself.

This ability to use mathematics as a tool, cleverly applied to completely different fields, to solve real problems, is really too terrifying!

I am afraid that even the late mathematics genius John Nash can’t do better than him…

“Mathematics changes science…” Joseph Professor, who muttered to himself in the mouth, stared at the expression on the whiteboard, and suddenly shook his head with a smile. “…no wonder he can boast such a seaport.”

“Hehe, with his ability, is modest.”

This is not just about changing science.

It is simply redefining science!

At least, redefining his understanding of mathematical economics in his mind…

At the same time, Krugman Professor, standing on the podium, also stopped the marker in his hand.

Re-reading thesis in the eye, comparing the contents on the whiteboard, confirming that there were no omissions or clerical errors, he turned around and looked towards the audience in the lecture hall.

“Do you have any other questions?”

There was silence in the audience, no one spoke, and no one raised his hand.

Looking at the absolute silence of the stage, Krugman Professor is convinced that he has already made it very clear, and that no one should understand it, so nodded.

“That’s good to be here…”

Just as he was about to lay down the marker, the audience suddenly raised a hand with a tremor.

“Wait!”

Just as everyone was looking at the past, the young Scholar who stood up was a little embarrassed and scratched his cheek, quickly speaking.

“I don’t have a question to ask, just about this model… How do we name it? Is it necessary to distinguish it from the original Lu-Bewley model?”

This question is asking the idea.

There was a lot of talk in the lecture hall, and it seemed that the issue was being discussed.

The Krugman Professor who heard this question was also slightly stunned.

It seems that this thesis did not name this model…

Just like the thesis about the Lu-Bewley model, the name Lu-Bewley model is the default for other Scholars when discussing this issue.

It seems that this Lu-Professor seems to have little enthusiasm for the title of research in the field of economics.

Thinking of this, Krugman Professor shook his head with a helpless smile, and after carefully thinking about it for a while, cleared his throat and tried to propose.

“Do you want to add a Joseph to it? After all, the Ground Professor himself admits that he was inspired by Joseph Professor’s report -“

Just halfway through this sentence, I was interrupted by the voice that could not be said.

“I don’t deserve it.”

In the strange sight of everyone, Joseph Professor, who was sitting in the front row of the lecture hall, suddenly stood up and interrupted Krugman Professor unceremoniously. He paused for a while and continued, “And I don’t want to be a mistake.” The counterexample’ was later counted by people to contribute to this model.”

“…oh, I don’t mean that.” See Joseph’s Professor expressionless, Krugman Professor, who doesn’t want to offend people, quickly explained, “This is just for differentiation, not as a counterexample.”

Did not pay attention to Krugman’s explanation, the white-haired old man stared at the calculation on the whiteboard for a while, and also silenced for a while.

After that, he spoke up.

“As we have seen, the improved Lu-Bewley model has moved away from the original framework of the original Bewley model.”

“This is an economic model that is more open, more operational, and has a wider range of applications.”

“So I propose to name it in a completely new way…the LZ model.”

The report site spread the sound of the commotion.

The Scholars who were sitting in the venue and supported the views were nodded and expressed their approval.

Although some people are expressionless, the name is indifferent expression, but in the eyes it is because of this sentence and floated a bit of thought, it seems to be seriously thinking about something.

Sitting down the stage and looking at the back of the revived, Andy’s Professor’s eyes nodded with approval.

“It’s Joseph Stiglitz. It seems that yesterday’s thing touched him a lot… although I am not qualified to evaluate him, I must have passed this conference, and his achievements in economics can be Let’s go up the stairs.”

Sitting next to the Andes Professor, Wiss has been listening to the big man who said “the thing of yesterday”, the whole person is confused.

In the end, he still couldn’t stand the curiosity in his heart and asked.

“Anders Professor, may I ask… What happened yesterday?”

“Did you not here yesterday?” Suddenly remembered something, Andy’s Professor showed a blank expression. “Oh, I seem to think about it. Yesterday you didn’t seem to be in the lecture hall.”

Wiss swallowed and asked: “So what happened?”

“Nothing, just a pity, you probably missed the most exciting report of this macroeconomics forum.”

Having said that, looking at the confession that gradually appeared on the doctoral student’s face, Andis Professor was laughed with a good intention, and added a sentence after a pause.

“Of course, it may be the most exciting one of this year.”