Philip Maymin will present a talk on "Prospect Theory and the Implied Fundamental Risk" at the CARISMA '10 conference on the interface between behavioral and quantitative finance in London.
Philip Maymin is an Assistant Professor of Finance and Risk Engineering at NYU-Poly.
The Interface of Behavioural Finance and Quantitative Finance, 2-3 February 2010, London
Pre-conference Workshop: News Analytics Applied to Trading, Fund Management and Risk Control, 1 February 2010
In the current chaotic financial climate, new systems are being developed to analyse market behaviour and the attitudes of financial professionals. The emergence and impact of behavioural finance is reflected in the choice of recent recipients of the Nobel Prize in Economics. While some contend that Behavioural Finance is more a collection of anomalies than a true branch of finance, the incorporation of quantitative methodologies will provide whole new possibilities for producing meaningful models, using the latest techniques and powerful modelling tools.
This conference provides a platform for some of the leading thinkers and practitioners in this field to demonstrate the fascinating discoveries at the interface of behavioural and quantitative finance and the useful and practical applications which have been developed from them.