Keynote Speakers of ICMBT 2021

 

 

 

 

 

 

Prof. Kuan-Chou Chen
Purdue University Northwest, USA

Kuan-Chou Chen is the Associate Dean for Graduate Program and Research, Thomas M. McDermott Sr. Endowed Chair, Professor in Economic Development, Professor of Management Information Systems. He was the Department Head of Information Systems, Finance, and Business Analytics (2005-2016), as well as Interim Department Head of Department of Graduate Studies in Education (2013-2014) at Purdue University Northwest. He received his Ph.D. from Michigan State University and his MBA from National Cheng-Kung University in Taiwan. He specialized in computer programming, system simulation, project management, decision support systems, data mining, system analysis and design, e-business strategy and application, supply chain management, network design and security, knowledge management, and information economy. Professor Chen has more than 90 scholarly publications, most in peer-reviewed journals. He is an active participant in several professional journals and serves on three paper reviewer boards. Currently he is an Editor-in-Chief of International Journal of e-Education, e-Business, e-Management and e-Learning. His productivity and scholarship have been recognized by his colleagues, being nominated three years in a row for an “Outstanding Scholar Award.” He also the recipient of Teacher of the Year Award (Purdue University Northwest, 2005).

 

Prof. Don M. Chance

Louisiana State University, USA

Don M. Chance, Ph.D., CFA, holds the James C. Flores Endowed Chair of MBA Studies and is Professor of Finance at the E. J. Ourso College of Business at Louisiana State University. He previously held the William H. Wright, Jr. Endowed Chair for Financial Services at LSU, and the First Union Professorship in Financial Risk Management at Virginia Tech. Prior to his academic career, he worked for a large southeastern bank, now part of Regions Bank. He has been a visiting scholar at universities in Hong Kong, Australia, Korea, Singapore, Scotland, and in the U. S. Professor Chance has had numerous articles published in academic and practitioner journals and has authored four books, including An Introduction to Derivatives and Risk Management, 10th ed. co-authored with Robert Brooks, Essays in Derivatives: Risk Transfer Tools and Topics Made Easy (2nd ed.), and Analysis of Derivatives for the CFA Program. His latest book, Financial Risk Management for End Users was published by World Scientific in late 2019, and he is currently working with Robert Brooks on a book called Foundations of the Pricing of Financial Derivatives. He has extensive experience conducting professional training programs, and his consulting practice (Omega Risk Advisors, LLC) serves companies, organizations, and law firms. He has also been heavily involved in the development and authorship of the derivatives and risk management curriculum in the CFA program. In 2015 he received the C. Stewart Shepard Award for his many years of service to the CFA Institute in the development of its educational programs. He is a member of LSU's Supplemental Retirement Plan Oversight Committee, and he chaiared the university's promotion and tenure committee for three years. In his spare time he plays guitar, sings, and performs as a solo guitar & vocal act. He has traveled to more than 50 countries, and in March, 2016 he completed a 26-mile hike on the Inca Trail to Machu Picchu. He also recently authored a novel, The Assignment, which is set in a university and is available on Amazon.

 

Speech Title: Risk Mistakes

Abstract: All decisions, whether in ordinary life or in business, are made in an environment of risk. There are multiple outcomes and we do not know which outcome will occur. These decisions are often guided by a modest amount of information on the likelihood of the various outcomes. But most human beings do not process risk information very well. We make what we call risk mistakes, which is distinct from making a decision and having a bad outcome occur. This presentation gives examples of risk mistakes in business and health. It also addresses serious risk mistakes that have prolonged the COVID-19 crisis.