The Conventional Past, Behavioral Present, And Algorithmic Future of Risk And Finance
Lecture / Panel
For NYU Community
Tuesday, March 12, 2013
Time: 4:40PM
Location: RH519
FRE Social begins at 4PM in RH 519 (refreshments will be served)
Speaker
Philip Maymin
Assistant Professor
Department of Finance and Risk Engineering
Polytechinic Institute of New York University
Abstract
The three phases of modern finance:
- 1950s modern portfolio theory -- regression and optimization
- 1990s behavioral finance -- phychological factors and limits to arbitrage
- 2010s algorithmic finance -- investor heuristics, automated processes, and disequilibrium models.