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Monday
Jan092012

Modelers Behaving Badly

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What do quantum theory, Schopenhauer, Goethe, and Spinoza have to teach us about the economic disaster of 2007-8?

Quite a bit, maintains physicist Emanuel Derman of Columbia University’s Industrial Engineering & Operations Research Department. Hear him discuss his new book, Models Behaving Badly: Why Confusing Illusion with Reality Can Lead to Disaster, on Wall Street and in Life.

Go to website.

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