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Explore the concept of Entropic Optimal Transport in this 40-minute lecture by Professor Marcel Nutz from Columbia University. Delivered as part of a workshop commemorating the centenary of Frank Knight's "Risk, Uncertainty, and Profit" and John Maynard Keynes' "A Treatise on Probability," this talk delves into advanced mathematical concepts at the intersection of economics and probability theory. Gain insights into how entropic optimal transport relates to the fundamental ideas of risk and uncertainty proposed by Knight and Keynes. Examine the evolution of probabilistic thinking in economics over the past century and its relevance to contemporary economic challenges. Join other distinguished speakers from renowned institutions in this tribute to the invaluable legacy of Knight and Keynes, organized by the University of Oxford and supported by The Alan Turing Institute.
