New ideas, technologies, and ways of doing things are the key to economic growth and development. Yet it often takes many years after the introduction of an innovation before it comes into widespread use. Delays result from many issues; we examine these in the context of several well-documented cases.

Peyton Young is Centennial Professor of Mathematics at the London School of Economics. He is also a Professorial Fellow at Nuffield College, Oxford and a Nonresident Senior Fellow at the Brookings Institution, Washington DC. He is noted for his research on the evolution of social norms and institutions, the diffusion of innovations, and the measurement of systemic risks in the financial system. He is a Fellow of the British Academy, a Fellow of the Econometric Society, and a former President of the Game Theory Society.

Martin Anthony (@MartinHGAnthony) is Professor of Mathematics and Head of Department of Mathematics at LSE.

The LSE Department of Mathematics (@LSEMaths) is internationally recognised for its teaching and research in the fields of discrete mathematics, game theory, financial mathematics and operations research.

Twitter Hashtag for this event: ##LSEPeytonYoung

This event is free and open to all with no ticket or pre-registration required. Entry is on a first come, first served basis. For any queries email Rebecca Lumb at r.c.lumb@lse.ac.uk or call 020 7955 7494.

Slides

A copy of Professor H. Peyton Young's powerpoint presentation is available to download. Download 'The Diffusion of Social and Technological Innovations' (pdf).

Video

A video of this event is available to download from The Diffusion of Social and Technological Innovations

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