Nobel laureates Robert Merton and Mo Yan speak at UM

Nobel Prize recipients in economics, Robert C Merton, and literature, Mo Yan, will be giving a talk at the University of Macau this weekend.
Prof Robert C Merton, who was awarded the Nobel Prize in economics in 1997, will be speaking on Saturday at 2:30p.m. presenting  a talk “On the Role of the Science of Finance in the Global Practice of Finance: Past, Present and Future”. Prof Mo Yan, who won the Nobel Prize for literature in 2012, will give his talk at 3:00p.m. on Sunday regarding the “Achievements of Chinese Literature and its Future”.
“Prof Merton is noted for putting finance theories into practice and has re-shaped the world of finance and economics with his Option Pricing Theory and Intertemporal Capital Asset Pricing Model,” UM said in a statement. He received the Nobel Prize in recognition “of his significant contributions to the development of a new method for pricing derivatives”.
Prof Mo Yan will be discussing the impact of Chinese literature, its geographic and cultural diversity, as well as difficulties that Chinese literature faces. The writer will also be providing his view on the future of Chinese literature.
Mo Yan is a renowned contemporary Chinese writer. He was awarded the Nobel Prize in literature “for his ability to merge ‘hallucinatory realism’ with ‘folk tales, history and the contemporary’” in his work.
“Red Sorghum Clan,” a novel he published in 1986, was the first neo-historical novel in modern Chinese literature. It would later be published in about 20 languages.
Both Doctor honoris causa forums will be held at the University Hall.