Tuesday, March 12, 2013
FRE Social begins at 4PM in RH 519 (refreshments will be served)
Department of Finance and Risk Engineering
Polytechinic Institute of New York University
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.