Andrew W. Lo, director of the Massachusetts Institute of Technologys Laboratory for Financial Engineering, breaks down the hot debate brewing about the cause of the current financial crisis. Learn the arguments for and against the claim that complex financial securities and the mathematical models used to manage them should take the blame. Was it systematically programmed or just human nature?
Thursday, October 22, 2015
Are Mathematical Models the Cause for Financial Crisis in the Global Eco...
Andrew W. Lo, director of the Massachusetts Institute of Technologys Laboratory for Financial Engineering, breaks down the hot debate brewing about the cause of the current financial crisis. Learn the arguments for and against the claim that complex financial securities and the mathematical models used to manage them should take the blame. Was it systematically programmed or just human nature?
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