Club Meeting on 6 March 2012

Prof. Dr. Dr.h.c. David W. K. Yeung is Distinguished Research Professor and Head of Business Administration at Shue Yan University, and Kantorovich Research Chair and Co-director of Centre of Game Theory at Saint Petersburg State University. He is also Distinguished Honorary Professor of Qingdao University - an honor he received along with Nobel laureates John Nash, Reinhard Selten and Robert Aumann. Yeung’s pioneering academic works include the notion of subgame consistency, randomly furcating differential games, Yeung’s irrational-behaviour-proof condition, cooperative games with asynchronous players’ horizons, endogenous horizons differential games, Yeung’s Lemma, the Yeung Number, discrete-time random-horizon Bellman equation and HJB equations, and the Lotka-Volterra-Yeung density function.

In economics, Yeung extended the Saint Petersburg tradition led by Leonid Kantorovich’s Nobel Prize winning work in optimal resource allocation to multiple-agent subgame consistent economic optimization.

Yeung obtained his BSocSc in economics and statistics from the University of Hong Kong and his PhD in mathematical economics from York University. He studied in the Doctor of Science (Doktor Nauk – Continental European higher doctorate above PhD) program in applied mathematics at Saint Petersburg State University and was awarded the University’s highest degree of Dr.h.c. for his outstanding contributions in differential games.

He serves as Managing Editor of International Game Theory Review, Guest Editor of Annals of Operations Research, Associate Editor of Dynamic Games & Applications, Associate Editor of Operations Research Letters, and on the Board of Editors of Mathematical Game Theory & Applications.

Yeung and Leon Petrosyan co-authored the world’s first book on Cooperative Stochastic Differential Games. They also co-authored the world’s first book on Subgame Consistent Economic Optimization. Both books have been praised as classics of their fields.