Financial derivatives - what's the big idea?
- Date: 06/25/2009
Dr. Antony Ware, Mathematics & Statistics, University of Calgary
Calgary Place Tower (Shell)
The use -- and misuse -- of financial derivatives has a long history, and the current crisis is not the only one in which they have been implicated. In this talk I'll tell some of these stories, and give an introduction to the mathematical ideas that over the last few decades have encouraged the explosive growth in the use of these `financial weapons of mass destruction' (as Warren Buffet famously called them).
Calgary Place Tower I (330 5th Avenue SW), Room 1116 and 1118.
The Pacific Institute for the Mathematical Sciences is grateful for the support of Shell Canada Limited, Alberta Advanced Education and Technology, and the University of Calgary for their support of this series of lectures.