Perceptions rather than rules: the (mis)behaviour of markets
Gresham College Lectures
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Gresham College Lectures
Perceptions rather than rules: the (mis)behaviour of markets
Nov 14, 2005
Gresham College
Why do we seem to face 1 in 300 year events every three years? Unlike many physical systems, markets exhibit strange, non-normal statistical distributions. We will consider the complex inter-relationships between perceived risk and society's decisions, the importance of 'feed-forward' and the...

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