Brett Hutley's Blog

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Posts Tagged 'quant models'

Financial models need more complexity?

A post over at the New York Times is arguing that one of the main causes of the financial crisis was inadequate quantitative models – models that tended to understate risk because they failed to provide a realistic model of the way the world works – neither incorporating risks such as a failure of liquidity, [...]

14 September 2009 at 10:23 - Comments