THE 2006/7 WOLF FOUNDATION PRIZE IN MATHEMATICS

The Prize Committee for Mathematics has unanimously decided that the 2006/7 Wolf Prize will be jointly awarded to:

Stephen Smale

University of California at Berkeley

Berkeley, California, USA

for his groundbreaking contributions that have played a fundamental role in shaping differential topology, dynamical systems, mathematical economics, and other subjects in mathematics

and

Harry Furstenberg

The Hebrew University of Jerusalem

Jerusalem, Israel

for his profound contributions to ergodic theory, probability, topological dynamics, analysis on symmetric spaces and homogenous flows.

Professor Stephen Smale contributed greatly, in the late 50’s and early 60’s, to the development of differential topology, a field then in its infancy. His results of immersions of spheres in Euclidean spaces still intrigue mathematicians, as witnessed by recent films and pictures on his so-called “eversion” of the sphere. His proof of the Poincaré Conjecture for dimensions bigger or equal to 5 is one of the great mathematical achievements of the 20th Century. His h-cobordism theorem has become probably the most basic tool in differential geometry.

During the 60’s Smale reshaped the view of the world of dynamical systems. His theory of hyperbolic systems remains one of the main developments on the subject after Poincaré, and the mathematical foundations of the so-called “chaos-theory” are his work as well. In the early 60’s, Smale’s work contributed dramatically to change in the study of the topology and analysis of infinite-dimensional manifolds. This was achieved through his infinite-dimensional version of Morse’s critical point theory (known today as “Palais-Smale Theory”) and his infinite-dimensional version of Sard’s theorem.

In the 70’s Smale attention turned to mechanics and economics, to which he applied his ideas on topology and dynamics. For instance, his notion of “amended potential” in mechanics plays a key role in current developments in stability and bifurcation of relative equilibria. In economics, Smale applied an abstract theory of optimization for several functions, which he developed, to provide conditions for the existence of Pareto optima and to characterize this set of optima as a sub-manifold of diffeomorphic states to the set of Pareto equilibria. He also proved the existence of general equilibria under very weak assumptions and contributed to the development of algorithms for the computation of such equilibria.

It is this last activity that led Smale in the early 80’s to the longest segment of his career, his work on the theory of computation and computational mathematics. Against mainstream research on scientific computation, which focused on immediate solutions to concrete problems, Smale developed a theory of continuous computation and complexity (akin to that developed by computer scientists for discrete computations), and designed and analyzed algorithms for a number of specific problems. Some of these analyses constitute models for the use of deep mathematics in the study of numerical algorithms.

Professor Harry Furstenberg is one of the great masters of probability theory, ergodic theory and topological dynamics. Among his contributions: the application of ergodic theoretic ideas to number theory and combinatorics and the application of probabilistic ideas to the theory of Lie groups and their discrete subgroups.

In probability theory he was a pioneer in studying products of random matrices and showing how their limiting behavior was intimately tied to deep structure theorems in Lie groups. This result has had a major influence on all subsequent work in this area--which has emerged as a major branch not only in probability, but also in statistical physics and other fields.

In topological dynamics, Furstenberg’s proof of the structure theorem for minimal distal flows, introduced radically new techniques and revolutionized the field. His theorem that the horocycle flow on surfaces of constant negative curvature is uniquely ergodic, has become a major part of the dynamical theory of Lie group actions. In his study of stochastic processes on homogenous spaces, he introduced stationary methods whose study led him to define what is now called the Furstenberg Boundary of a group. His analysis of the asymptotic behavior of random walks on groups, has had a lasting influence on subsequent work in this area, including the study of lattices in Lie groups and co-cycles of group actions.

In ergodic theory, Furstenberg developed the fundamental concept of dynamical embedding. This led him to spectacular applications in combinatorics, including a new proof of the Szemeredi Theorem on arithmetical progressions and far-reaching generalizations thereof.