ResearchChannel - Are Mathematical Models the Cause for Financial Crisis in the Global Economy?
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Are Mathematical Models the Cause for Financial Crisis in the Global Economy?

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From the Series:
Frontier
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 Video (MPEG-4) |  Audio (MP3)
Produced by:
National Science Foundation

10/01/2009

Description: 
Andrew W. Lo, director of the Massachusetts Institute of Technology’s 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?

Speaker(s):
Andrew W. Lo, Harris & Harris Group Professor and Director, Laboratory for Financial Engineering, Massachusetts Institute of Technology

Runtime:00:44:55

Rating:TV-G


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