financial modelling
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enExploring the financial ecosystem
http://plus.maths.org/content/exploring-financial-ecosystem
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<p>Deciding who is to blame and who should pay for the financial crisis will be a hot topic at the G8 next week. Financial mathematics received a lot of bad press in the aftermath of the crunch and many believe that it was the popularity of mathematical models – often borrowed from physics — that put the financial system at risk. But now models borrowed from biology are helping us understand how this risk might be reduced.</p>
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<p><em>Deciding who is to blame and who should pay for the financial crisis will be a hot topic at the G8 next week. Financial mathematics received a lot of bad press in the aftermath of the crunch and many believe that it was the popularity of mathematical models – often borrowed from physics — that put the financial system at risk. But now models borrowed from biology are helping us understand how this risk might be reduced.</em></p><p><a href="http://plus.maths.org/content/exploring-financial-ecosystem" target="_blank">read more</a></p>http://plus.maths.org/content/exploring-financial-ecosystem#commentsbiologyepidemiologyfinancial mathematicsfinancial modellingnetworkWed, 12 Jun 2013 09:22:25 +0000Rachel5912 at http://plus.maths.org/contentHow maths killed Lehman Brothers
http://plus.maths.org/content/how-maths-killed-lehman-brothers
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Horatio Boedihardjo </div>
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<b>Horatio Boedihardjo</b> explains the credit crunch </div>
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<div class="pub_date">June 2009</div>
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<p><i>This article is the winner in the university category of the <a href="http://plus.maths.org/content/iplusi-new-writers-award-2009"><i>Plus</i> new writers award 2009</a>.</i></p><p><a href="http://plus.maths.org/content/how-maths-killed-lehman-brothers" target="_blank">read more</a></p>http://plus.maths.org/content/how-maths-killed-lehman-brothers#commentscredit crunchfinancefinancial mathematicsfinancial modellingPlus new writers award 2009Sun, 31 May 2009 23:00:00 +0000plusadmin2358 at http://plus.maths.org/contentA risky business: how to price derivatives
http://plus.maths.org/content/risky-business-how-price-derivatives
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Angus Brown </div>
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In the light of recent events, it may appear that attempting to model the behaviour of financial markets is an impossible task. However, there are mathematical models of financial processes that, when applied correctly, have proved remarkably effective. <b>Angus Brown</b> looks at one of these, a simple model for option pricing, and explains how it takes us on the road to the famous Black-Scholes
equation of financial mathematics, which won its discoverers the 1997 Nobel Prize in Economics. </div>
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<div class="pub_date">December 2008</div>
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<p><i>In the light of recent events, it may appear that attempting to model the behaviour of financial markets is an impossible task. However, there are mathematical models of financial processes that, when applied correctly, have proved remarkably effective. In this article we look at one of these, a simple model for option pricing, and see how it takes us on the road to the famous Black-Scholes
equation of financial mathematics, which won its discoverers the 1997 Nobel Prize in Economics.</i></p><p><a href="http://plus.maths.org/content/risky-business-how-price-derivatives" target="_blank">read more</a></p>http://plus.maths.org/content/risky-business-how-price-derivatives#comments49Black-Scholes equationdifferential equationfinancial mathematicsfinancial modellingoptionMon, 01 Dec 2008 00:00:00 +0000plusadmin2344 at http://plus.maths.org/contentIt's all cricket's fault
http://plus.maths.org/content/its-all-crickets-fault
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Australian cricket to blame for oil price rise? </div>
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<div class="pub_date">04/06/2008</div>
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<p>Mathematics is used in interesting, and often less than accurate, ways. Newspapers present graphs showing apparently correlated variables, but with a little thought, some of the time you will find that whilst it looks like two variables are connected, there is actually no cause and effect.<p><a href="http://plus.maths.org/content/its-all-crickets-fault" target="_blank">read more</a></p>http://plus.maths.org/content/its-all-crickets-fault#commentscausationcorrelationfinancial modellingfinancialmathematicsmathematics in sportpublic understanding of mathematicsTue, 03 Jun 2008 23:00:00 +0000plusadmin2543 at http://plus.maths.org/contentCareer interview: Financial Engineer
http://plus.maths.org/content/career-interview-financial-engineer
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Marc West </div>
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<div class="pub_date">March 2008</div>
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<p>"I was one of the lucky people," said Rupa Patel, reflecting on her childhood. "I knew I liked maths from a very early age."</p>
<p>For Rupa, maths was never hard work — indeed, it was something that she always enjoyed doing.</p>
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<p>Rupa Patel</p><p><a href="http://plus.maths.org/content/career-interview-financial-engineer" target="_blank">read more</a></p>http://plus.maths.org/content/career-interview-financial-engineer#comments46Business & Moneycareer interviewconfidence intervaldifferential equationfinancial mathematicsfinancial modellingmathematical modellingpartial differential equationrisk analysisuncertaintySat, 01 Mar 2008 00:00:00 +0000plusadmin2435 at http://plus.maths.org/contentPlasma, bird swarms and the stock market
http://plus.maths.org/content/plasma-bird-swarms-and-stock-market
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Studies have linked solar wind with bird behaviour and stock market performance </div>
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<div class="pub_date">03/09/2007</div>
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<p>Research combining the efforts of the <a href="http://www2.warwick.ac.uk/newsandevents/pressreleases/swarming_starlings_help">University of Warwick</a>'s Centre for Fusion, Space and Astrophysics, and the University of Warwick's Complexity Complex, has developed a powerful technique that could shed light on how ordered patterns form out of chaotic and complex circumstances.<p><a href="http://plus.maths.org/content/plasma-bird-swarms-and-stock-market" target="_blank">read more</a></p>http://plus.maths.org/content/plasma-bird-swarms-and-stock-market#commentscomplexityfinancial modellingstock marketSun, 02 Sep 2007 23:00:00 +0000plusadmin2474 at http://plus.maths.org/content