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DQF Seminar List

for period 24 January to 22 July 2005

Tuesday 25 January
11:00-12:00 Bjork, T (Stockholm)
  Good deal bounds Sem 2
Thursday 27 January
17:00-18:00 Cairns, A (Heriot-Watt)
  Optimal investment for defined contribution pension plans Sem 2
Monday 31 January
11:15-12:15 Shephard, N, Barndorff-Nielsen, O, Sato, K (Oxford/Aarhus/Nagoya)
  Continuous time processes based on infinite activity innovations Sem 1
Tuesday 01 February
10:00-12:00 Woerner, J (Goettingen)
  Power variation Sem 2
17:00-18:00 Kabanov, Y (Bescancon)
  The FTAP in the two-asset model under transaction costs (a result of Grigoriev) Sem 2
Wednesday 02 February
10:00-11.00 Shiryaev, A (Moscow)
  Towards the mathematization of some practical methods of the financial "technical analysis" Sem 2
11:00-11:30 Rosinski, J (Tennessee)
  Multidimensional tempered stable processes: representations and method of simulation Sem 2
11:30-12:00 Kluppelberg, C (Munchen)
  CoGARCH Sem 2
Thursday 03 February
10:00-11:00 Brockwell, P (Colorado State)
  Levy-driven CARMA processes, stochastic volatility and CoGARCH models Sem 2
11:00-11:30 Sorensen, M (Universitetsparken 5)
  Multivariate diffusion modelling Sem 2
11:30-12.00 Hubalek, F ( Aarhus)
  Three problems in infinite divisibility Sem 2
Friday 04 February
10:00-11.00 Eberlein, E (Freiburg)
  Symmetries and pricing of exotic options in Levy models Sem 2
11:00-12.00 Mancini, C (Italy)
  Estimating the integrated volatility in stochastic volatility models with Levy jumps Sem 2
Tuesday 08 February
15:45-16:45 Tysk, J (Uppsala)
  Feynman-Kac formulae for black-scholes type operators Sem 1
17:00-18:00 Hashem Pesaran, M (Cambridge)
  Forecasting time series subject to multiple structural breaks Sem 1
Wednesday 09 February
10:00-11:00 Hobson, D (Bath)
  Local martingales, bubbles and option prices Sem 2
Thursday 10 February
11:15-12:15 Davis, M (Imperial)
  A problem of optimal investment with randomly terminating income Sem 2
Monday 14 February
15:00-16:15 Basak, S, Croitoru, B (London Business School, McGill)
  On the role of arbitrageurs in rational markets Sem 1
Tuesday 15 February
15:45-16:45 Webber, N (Warwick)
  The joy of objects, or 'so you thought you knew how to code the Black-Scholes formula' Sem 1
17:00-18:00 Monoyios, M (Brunel)
  Martingale measures, Esscher transforms, indifference pricing and hedging in incomplete diffusion models Sem 1
Wednesday 16 February
10:00-11:00 Mao, X (Strathclyde)
  Numerical simulation of the mean-reverting square root process with applications to option valuation Sem 2
11:15-12:15 Neuberger, A (Warwick Business School)
  Strategic trading with public revelation Sem 2
Monday 21 February
11:15-12:15 Davis, M (Imperial)
  A survey of credit risk Sem 1
14:00-16:00 Schoenbucher, P, Giesecke, K (ETH Zurich, Cornell)
  Current problems in credit risk Sem 2
Tuesday 22 February
10:00-11:00 Eberlein, E (Freiburg)
  The defaultable Levy term structure Sem 1
11:00-12:00 Schoutens, W (UCS)
  A Levy-driven firm value model Sem 1
17:00-18:00 Henderson, V (Princeton)
  The curious incident of the investment in the market Sem 1
Wednesday 23 February
10:00-11:00 Schmidt, T (Leipzig)
  Location-based mortgage risk and a note on incomplete information Sem 2
11:00-12:00 Walker, M (Toronto)
  Arbitrage-fee prize ranges for n'th-to-default baskets Sem 2
Thursday 24 February
10:00-11:00 Fouque, JP (North Carolina State University)
  Default and volatility time scales Sem 2
11:00-12:00 Overbeck, L (Giessen)
  Some valuation models for CDOs Sem 2
15:00-16:00 Giesecke, K (Cornell)
  Credit/equity hybrids Sem 2
16:00-17:00 Weber, S (Humboldt)
  Distribution-invariant risk measures: information and dynamic consistency Sem 2
17:00-18:00 Artzner, P (Louis Pasteur)
  Currency-invariant risk measures Sem 2
Friday 25 February
10:00-11:00 Davis, MHA (Imperial)
  Stochastic network methods in portfolio credit risk Sem 1
11:00-12:00 Gregory, J (BNP Paribas)
  The gaussian copula model and beyond Sem 1
13:30-14:30 Hutt, S (BNP Paribas)
  Hedging Credit Risk: theory and practice Sem 1
14:30-15:30 Joshi, M (Royal Bank of Scotland)
  Matching base correlation skew with a naturally time-homogeneous model Sem 1
16:00-17:00 Giesecke, K (Cornell)
  Dependent defaults and changes of time Sem 1
17:00-18:00 McNeil, A (ETH Zurich)
  Statistical inference for dependent default and dependent migration models Sem 1
Saturday 26 February
08:30-09:30 Schloegl, L (Lehman Brothers)
  Modelling correlation skew via mixing copulae and uncertain loss at default (Venue: Centre for Mathematical Sciences) Sem 1
09:30-10:30 Laurent, JP (BNP Paribas)
  Pricing of basket default swaps and CDO tranches Venue: Centre for Mathematical Sciences Sem 1
11:00-12:00 Sidenius, J (Bank of America)
  Extensions of the gaussian copula Venue: Centre for Mathematical Sciences Sem 1
13:30-14:30 Schoenbucher, PJ (ETH Zurich)
  The pricing of options on individual CDS and CDS indices Venue: Centre for Mathematical Sciences Sem 1
14:30-15:30 Hull, J
  Valuing CDOs Venue: Centre for Mathematical Sciences Sem 1
Monday 28 February
11:15-12:15 Rudiger, K (Ulm)
  Modelling CDOs Sem 1
Tuesday 01 March
17:00-18:00 Laurence, P (Roma)
  Hedging basket options without distributional assumption Sem 1
Thursday 03 March
11:30-12:30 Smith, RG (Judge Institute, Cambridge)
  Using structural default models to price equity default swaps Sem 2
Monday 07 March
11:15-12:15 Artzner, P (Strasbourg)
  Remarks on risk management and risk measurement Sem 1
14:30-15:30 Cerny, A (Imperial)
  Good deal bounds Sem 1
16:00-17:00 Rogers, C (Cambridge)
  Dynamic convex risk measures and pricing operators Sem 1
Tuesday 08 March
11:15-12:15 Cairns, A (Heriot-Watt)
  Pricing death Sem 1
15:45-16:45 Schied, A (TU Berlin)
  Optimising under model uncertainty Sem 1
17:00-18:00 Bond, S (Cambridge)
  Smoothing, non-synchronous appraisal and cross-sectional aggregation in real estate price indices Sem 1
Wednesday 09 March
11:15-12:15 Barrieu, P (LSE)
  Optimal derivative design and risk measures Sem 2
15:45-16:45 Tasche, D (Deutsche Bundesbank)
  The multi-factor version of the Basel II credit risk model Sem 2
Thursday 10 March
10:30-11:30 Uppal, R (London Business School)
  What to do about excessive volatility Sem 1
12:00-13:00 Ledford, A (Management Investments)
  Risk modelling and monitoring within a systematic CTA Sem 1
14:00-15:00 Beckers, C (Barclays Global Investors)
  A multi-factor approach to hedge fund risk modelling Sem 1
15:00-16:00 Fung, W (London Business School)
  Pricing extreme market event risk: theory and evidence from traded options and trend-following hedge funds Sem 1
16:30-17:30 Hodges, S (Warwick Business School)
  An economist's view of risk management of hedge funds Sem 1
Friday 11 March
13:30-15:00 Hodges, S
  Discussions on hedge funds Sem 1
Monday 14 March
13:00-13:30 Uppal, R (London Business School)
  Overview of international finance Sem 1
13:30-14:45 Froot, KA, Ramadorai, T (Harvard, Oxford)
  The information content of international portfolio flows Sem 1
15:00-16:15 Basak, S, Croitoru, B (London Business School, McGill)
  On the role of arbitrageurs in rational markets Sem 1
Tuesday 15 March
09:30-10:45 Pavlova, A, Rigobon, R (MIT)
  Flight to quality, contagion and portfolio constraints Sem 1
11:00-12:15 Bhamra, HS (British Columbia)
  International stock market integration: a dynamic general equilibrium approach Sem 1
13:45-15:00 Tang, H, Xia, Y (Pennsylvania)
  An international examination of affine term structure models and the expectations hypothesis Sem 1
15:15-16:30 Albuquerque, R, Bris, A, Schneider, M (Rochester, Yale, NYU)
  Equity home bias and individual behaviour Sem 1
17:00-18:15 DeMiguel, A-V, Uppal, R, Garlappi, L (London Business School, Austin)
  How inefficient are simple asset-allocation strategies? Sem 1
Wednesday 16 March
11:15-12:15 Sircar, R (Princeton)
  Valuation of employee stock options Sem 2
Friday 18 March
10:00-11:00 Cairns, A (Heriot-Watt)
  A family of term structure models with stochastic volatility Sem 1
11:30-12:30 Joshi, M, Stacey, A (Royal Bank of Scotland)
  Beyond predictor- corrector: better discretisations of the LIBOR market model Sem 1
13:30-14:30 Hunter, C (BNP Paribas)
  Applications of financial mathematics to trading Sem 1
14:30-15:30 Savine, A (BNP Paribas)
  Smile consistent term structure models Sem 1
16:00-17:00 Rogers, C (Cambridge)
  One for all: the potential approach to hedging and pricing Sem 1
Monday 21 March
11:15-12:15 F\"ollmer, H (Humboldt)
  Robust preferences and worst case martingale measures Sem 1
Tuesday 22 March
15:45-16:45 Hernandez, D (CIMAT)
  On the characterization of the optimal growth rate of investment portfolios Sem 1
17:00-18:00 Dibeh, G (Lebanese American University)
  Nonlinearities and time delays in economic and financial modelling Sem 1
Wednesday 23 March
11:15-12:15 Rheinlander, T (LSE)
  Arbitrage opportunities in a market with a large trader Sem 1
Tuesday 29 March
17:00-18:00 Fedotov, S (Manchester)
  An adaptive method for valuing derivatives on assets with stochastic volatility Sem 2
Thursday 31 March
11:15-12:15 Kijima, M (Kyoto)
  Value-at-risk in a market subject to regime switching Sem 2
Wednesday 06 April
17:00-18.0 Hobson, D (Bath)
  Optimal timing for an asset sale Sem 1
Tuesday 12 April
11:15-12:15 Friz, P (Cambridge)
  Introduction to Malliavin calculus Sem 1
15:45-16:45 Friz, P (Cambridge)
  Computation of Greeks via Monte Carlo methods: improvements with and without Malliavin calculus Sem 1
17:00-18:00 Hodges, S (Warwick)
  The value of a storage facility Sem 1
Thursday 14 April
11:15-12:15 Dybvig, P (Washington)
  Life-cycle consumption and investment Sem 1
Tuesday 19 April
15:45-16:45 Cerny, A (Imperial)
  On the structure of general mean-variance hedging strategies Sem 1
17:00-18.00 Pagan, A (ANU)
  Some econometric analysis of constructed binary series Sem 1
Wednesday 20 April
10:00-11:00 Menkens, O
  Crash hedging strategies and optimal portfolios Sem 1
11:15-12.15 Wiese, A (Heriot-Watt)
  High order stochastic integrators Sem 1
Thursday 21 April
10:00-11.00 Lamberton, D (Marne-la-Vallee)
  A duality approach for the analysis of weak convergence of the Euler Scheme Sem 2
11:15-12.15 Potter, C (Oxford)
  Completing stochastic volatility models with variance swaps Sem 2
Friday 22 April
10:00-11:00 Madan , D (Maryland)
  On modelling for equity derivatives Sem 1
11:30-12:30 Walton, J (BNP Paribas)
  The black art of FX modelling Sem 1
13:30-14:30 Dempster , M (Cambridge)
  Modelling incomplete markets for long term asset liability management Sem 1
14:30-15:30 Karasinski, P (HSBC)
  Mindless fitting? Sem 1
16:00-17:00 Carr, P (Bloomberg)
  Meta modelling Sem 1
Monday 25 April
11:15-12:00 Schachermayer, W (Vienna)
  Optimal risk sharing for law invariant monetary utility function Sem 1
14:30-15:15 Frittelli, M (Firenze)
  A unifying framework for utility maximisation Sem 1
16:00-16:45 Campi, L (Vienna)
  Super-replication with transaction costs Sem 1
Tuesday 26 April
14:00-15:30 Foldes, L (LSE)
  Boundary value problems in optimal investment Sem 1
17:00-18:00 Hobson, D (Bath)
  Optimal timing for an asset sale Sem 1
Wednesday 27 April
11:15-12:00 Davis, M (Imperial)
  The range of traded option prices Sem 2
14:00-14:45 Rasonyi, M (Budapest)
  Convergence of utility prices Sem 1
16:00-17:15 Kramkov, D (Carnegie-Mellon)
  Sensitivity analysis of utility - based prices and risk tolerance wealth processes Sem 2
Thursday 28 April
14:00-14:45 Campi, L (Vienna)
  Super-replication with transaction costs in continuous time Sem 2
Friday 29 April
14:00-15:15 Scandolo, G (University of Firenze)
  Conditional convex risk measures Sem 1
Tuesday 03 May
15:45-16:45 Zervos, M (Kings College London)
  A model for reversible investment capacity expansion Sem 1
17:00-18:00 Hughston, L (Kings College London)
  A class of exactly solvable credit models Sem 1
Wednesday 04 May
10:00-11:00 Owen, M (Heriot Watt)
  Duality of cones and utility-based super-replication prices Sem 2
11:15-12:15 Cox, A (York)
  Skorokhod embeddings in finance Sem 2
Thursday 05 May
11:15-12:15 Kou, S (Columbia)
  Credit spread, endogenous default and implied volatility with jump risk Sem 1
Monday 09 May
11:15-12:15 Broadie, M, Glasserman, P (Columbia)
  Computational finance, introductory meeting Sem 1
Tuesday 10 May
17:00-18:00 Hurd, T (McMaster)
  CDO computations in the affine Markov chain credit model Sem 1
Friday 13 May
10:00-11:00 Friz, P (Cambridge)
  Pricing volatility derivatives as inverse problem Sem 1
11:30-12:30 Sabanis, S (Edinburgh)
  A class of stochatic volatility models and EMM Sem 1
13:30-14:30 Gatarek, D (Numerix)
  Uncertain volatility approach to smile modelling Sem 1
14:30-15:30 Albanese, C (Imperial)
  Stochastic volatility and local levy processess on lattices Sem 1
16:00-17:00 Rebonato, R (Royal Bank of Scotland)
  Why neither time-homogeneity nor time-dependance will do: theoretical implications and empirical evidence from the US dollars option market Sem 1
17:00-18:00 Alexander, C (ISMA Centre)
  Unifying volatility models Sem 1
Saturday 14 May
09:00-10:00 Galluccio, S (BNP Paribas)
  Modelling hybrids with jumps and stochastic volatility at CMS, room MR2 Sem 1
10:00-11:00 Bonnaud, J (BNP Paribas)
  Solving the stochastic volatility/jumps dilemna: mapping technique and subordinators - at CMS, room MR2 Sem 1
11:30-12:30 Rasmussen, H (Oxford)
  Some forward volatility approximations at CMS, room MR2 Sem 1
13:30-14:30 Cont, R (Paris)
  Hedging in models with jumps at CMS, room MR2 Sem 1
14:30-15:30 Lee, R (Chicago)
  From generalized put-call symmetry to robust hedges of volatility derivatives - at CMS, room MR2 Sem 1
Monday 16 May
11:15-12:15 Bally, V (Paris)
  Sensitivity computation in jump models Sem 1
15:30-16:30 Hurd, T (McMaster)
  A Monte Carlo method for exponential hedging of contingent claims Sem 1
17:00-18:00 Pliska, S (Chicago)
  Portfolio optimization: The quest for useful mathematics Sem 1
Tuesday 17 May
11:15-12:15 Touzi, N (CREST)
  Towards Monte Carlo methods for fully non-linear parabolic second order PDE's Sem 1
15:45-16:45 Cvitanic, J (UCLA)
  Estimation of volatility values from discretely observed diffusion data Sem 1
17:00-18:00 Carmona, R (Princeton)
  Applications of optimal switching to energy tolling agreements Sem 1
Wednesday 18 May
09:00-17:00
  Monte Carlo Methods Sem 1
Thursday 19 May
09:00-17:00
  Monte Carlo Methods Sem 1
Friday 20 May
09:00-17:00
  Monte Carlo Methods Sem 1
Monday 23 May
10:00-11:00 Morris, S (Yale)
  Higher order expectations in economics and finance: an overview Sem 1
11:30-12:30 Kondor, P (LSE)
  The more we know, the less we agree: public announcements and higher-order expectations Sem 1
14:00-15:00 Angeletos, G-M (MIT)
  Crises and prices: information aggregation, multiplicity and volatility Sem 1
15:30-16:30 Bacchetta, P (Studienzentrum Gerzensee)
  Higher order expectations in asset pricing Sem 1
Tuesday 24 May
09:00-10:00 Hellwig, C (UCLA)
  Self-fulfilling currency crises: the role of interest rates Sem 1
10:00-11:00 Pavan, A (Northwestern)
  The social value of information and coordination Sem 1
11:30-12:30 Guimaraes, B (LSE)
  Good Ponzi schemes and the price of debt Sem 1
14:00-15:00 Lorenzoni, G (MIT)
  Imperfect information, consumers expectations and business cycles Sem 1
Wednesday 25 May
11:15-12:15 Grasselli, M (McMaster University)
  Indifference pricing in two factor models: new results for stochastic volatility and real options Sem 1
Thursday 26 May
11:15-12:15 Gatheral, J (New York University)
  Valuation of volatility derivatives Sem 1
Friday 27 May
09:00-17:00
  Agent Interactions/Capital Market Theory Sem 1
Tuesday 31 May
15:45-16:45 Challet, D (Oxford)
  Inter-pattern speculation: beyond minority, majority and {\sl\$}-games Sem 1
17:00-18:00 Jacka, S (Warwick)
  Decomposing financial and other monetary risk Sem 1
Wednesday 01 June
11:15-12:15 Peskir, G (Aarhus)
  The trap of complacency in predicting the maximum Sem 2
Thursday 02 June
11:15-12:15 Tehranchi, M (Texas)
  A term structure approach to volatility Sem 2
15:45-16:45 Vecer, J (Columbia)
  Crash options and rally options Sem 1
Tuesday 07 June
17:00-18:00 Mandelbrot, B (Yale)
  Fractal and multi-fractal finance: key ideas and tools Sem 1
Wednesday 08 June
15:45-16:45 Frittelli, M (Firenze)
  Capital requirements for processes Sem 1
17:00-18:00 Hernandez, D (CIMAT)
  On relations between risk sensitive control, indifference pricing and the growth rate of portfolios Sem 1
Monday 13 June
09:00-17:00
  Econometrics Sem 1
11:00-12:00 Hansen, L (Chicago)
  Long run risk Sem 1
Tuesday 14 June
09:00-17:00
  Econometrics Sem 1
17:00-18:00 Honkapohja, S (Cambridge)
  Near-rational exuberence Sem 1
Tuesday 21 June
17:00-18:00 Platen, E (University of Technology, Sydney)
  Understanding implied volatility surfaces Sem 1
Wednesday 22 June
11:15-12:15 Shreve, S (Carnegie Mellon)
  Minimising convex risk measures by trading Sem 2
15:30-16:00 Hobson, D (Bath)
  Executive stock options revisited Sem 1
Thursday 23 June
11:15-12:15 Oertel, F (Heriot Watt)
  The stochastic logarithm of semimartingales and market prices of risk Sem 1
Tuesday 28 June
14:30-15:00 Bank, P (Columbia)
  On Gittin's theorem in continuous time Sem 1
15:30-16:00 Hobson, D (Bath)
  Executive stock options revisited Sem 1
Wednesday 29 June
14:00-14:50 Guo, X (Cornell)
  Information reduction in credit risk models Sem 1
14:50-15:35 Elouerkhaoui, Y (Citigroup)
  Hedging basket credit derivative claims: a local risk-minimisation approach Sem 1
16:15-17:05 Hughston, L (King's)
  Beyond hazard rates Sem 1
17:05-18:00 di Graziano, G (Cambridge)
  A new approach to the modelling of default correlation Sem 1
Thursday 30 June
14:30-15:30 Pliska, S (Chicago)
  Morgate valuation and optimal refinancing Sem 1
Monday 04 July
10:20-11:10 Shreve, S (Carnegie-Mellon)
  Futures trading model with transaction costs Sem 1
11:40-12:30 Taylor, S (Lancaster)
  Comparisons of P - densities obtained from historical asset prices, option prices and risk transformations Sem 1
14:00-14:50 Zervos, M (King's College, London)
  A discretionary stopping problem with applications to the optimal timing of investment decisions Sem 1
14:50-15:40 Neuberger, A (Warwick)
  The value of being American Sem 1
16:10-17:00 Wystup, U (HfB, Frankfurt)
  On the cost of delayed fixing announcements and it's impact on FX exotic options Sem 1
Tuesday 05 July
09:30-10:20 Geman, H (ESSEC)
  Different approaches to the volatility surface: from Levy processes to local Levy Sem 1
10:20-11:10 Frey, R (Leipzig)
  Pricing portfolio credit derivatives in a Markovian model of default interaction Sem 1
11:40-12:30 Platen, E (University of Technology, Sydney)
  A unified framework for portfolio optimization and asset pricing Sem 1
14:00-14:50 Branger, N (Goethe University, Frankfurt)
  An economic motivation for variance contracts Sem 1
14:50-15:40 Zhou, XY (Chinese University of Hong Kong)
  Mean-- Semivariance portfolio selection: single periods vs continuous time Sem 1
16:10-17:00 Musiela, M (BNP Paribas)
  Mathematical issues with volatility modelling Sem 1
Wednesday 06 July
09:30-10:20 Ait-Sahalia, Y (Princeton University)
  Ultra high frequency data, volatility estimation and market microstructure noise Sem 1
10:20-11:10 Sircar, R (Princeton)
  Valuation of credit derivatives Sem 1
11:40-12:30 Kou, S (Columbia)
  Modelling growth stocks Sem 1
Thursday 07 July
09:30-10:20 Lando, D (Copenhagen)
  Decomposing swap spreads Sem 1
10:20-11:10 Monoyios, M (Brunel)
  Esscher transforms, martingale measures and optimal hedging in incomplete diffusion models Sem 1
11:40-12:30 Becherer, D (Imperial)
  Backward SDE's with jumps and applications in utility optimisation Sem 1
14:00-14:50 Kramkov, D (Carnegie-Mellon)
  Sensitivity analysis of utility based prices and risk-tolerance wealth processes Sem 1
14:50-15:40 Dupire, B (Bloomberg)
  Optimal process approximation: application to delta hedging and technical analysis Sem 1
16:10-17:00 Baxter, M (Nomura)
  Correlation, skew and target redemption inverse floaters Sem 1
Friday 08 July
09:30-10:20 Hughston, L (King's College, London)
  An information-based approach to asset-pricing dynamics Sem 1
10:20-11.10 Bank, P (Columbia)
  Irreversible investments under dynamic capacity constraints Sem 1
11:40-12:30 Benth, F (University of Oslo)
  Option pricing in the Barndorff-Nielsen and Shephard stochastic volatility model Sem 1
14:00-14:50 Davis, M (Imperial)
  Complete-market models of stochastic volatility Sem 1
15:20-16:10 Ross, S (MIT)
  A neoclassical look at behavioural finance Sem 1
Tuesday 12 July
17:00-18:00 Cherny, A (Moscow State)
  Pricing, optimality and equilibrium based on coherent risk measures Sem 2
Thursday 14 July
11:15-12:15 Dempster, M
  Dynamic correlation intensity modelling for portfolio credit risk Sem 2
Friday 15 July
11:15-12:15 Tian, W (Waterloo)
  Default and capital structure with equity-linked debt securities Sem 2
14:30-15:30 Zhang, L (Carnegie-Mellon)
  Estimating volatility with noisy high frequency data Sem 2
Tuesday 19 July
15:45-16:45 Lim, A (Berkeley)
  An alternative formulation of the robust portfolio selection problem Sem 2
17:00-18:00 Mykland, P (Chicago)
  Volatility and options hedging Sem 2
Other Seminars
Seminars in the University
National and International Scientific Research Meetings

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