Tuesday, August 5, 2014

MoneyScience News

MoneyScience News


Credit and loan agreement errors likely to trigger multimillion-pound payouts

Posted: 05 Aug 2014 04:26 AM PDT

An epidemic of errors in credit and loan agreements is the latest expensive scandal to hit UK banking http://t.co/CxOHAeMiIS — Risk Management (@Risk_Mgmt)…

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Blog Post: TheAlephBlog: How to Start an Investment Advisory Business from a Nontraditional Background

Posted: 05 Aug 2014 04:11 AM PDT

Another letter from a reader:read more...

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Blog Post: TheFinancialServicesClub: Bitcoin is a Wild West '¦ when the dust settles, will it still be around?

Posted: 05 Aug 2014 03:58 AM PDT

Bitcoin has gone from the leading light for the future to a flaky, shaky infrastructure. read more...

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Published / Preprint: Option pricing: Very simple formulas

Posted: 04 Aug 2014 10:55 PM PDT



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Published / Preprint: How many managers? The impact of manager selection skill and fund size

Posted: 04 Aug 2014 10:55 PM PDT



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Published / Preprint: A Probabilistic Monte Carlo model for pricing discrete barrier and compound real options

Posted: 04 Aug 2014 10:55 PM PDT



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Published / Preprint: Opinion Dynamics and Price Formation: a Nonlinear Network Model. (arXiv:1408.0308v1 [q-fin.GN])

Posted: 04 Aug 2014 05:31 PM PDT

Opinions and beliefs determine the evolution of social systems. This is of particular interest in finance, as the increasing complexity of financial systems is coupled with information overload. Opinion formation, therefore, is not always the result of optimal information processing. On the contrary, agents are boundedly rational and naturally tend to observe and imitate others in order to gain...

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Published / Preprint: Contagious Synchronization and Endogenous Network Formation in Financial Networks. (arXiv:1408.0440v1 [q-fin.EC])

Posted: 04 Aug 2014 05:31 PM PDT

When banks choose similar investment strategies the financial system becomes vulnerable to common shocks. We model a simple financial system in which banks decide about their investment strategy based on a private belief about the state of the world and a social belief formed from observing the actions of peers. Observing a larger group of peers conveys more information and thus leads to a...

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Published / Preprint: Ranking the Economic Importance of Countries and Industries. (arXiv:1408.0443v1 [q-fin.GN])

Posted: 04 Aug 2014 05:31 PM PDT

In the current era of worldwide stock market interdependencies, the global financial village has become increasingly vulnerable to systemic collapse. The recent global financial crisis has highlighted the necessity of understanding and quantifying interdependencies among the world's economies, developing new effective approaches to risk evaluation, and providing mitigating solutions. We present a...

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Shale gas: 'The dotcom bubble of our times' - Telegraph

Posted: 04 Aug 2014 07:23 AM PDT

Shale gas: 'The dotcom bubble of our times' from @Telegraph - http://t.co/Dhgakzm1Zx — Greenpeace Newsroom (@GPUKNews) August 4, 2014

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Vendor News: August 4, 2014 - SS&C Technologies to Present at InvestMNt Conference on August 6, 2014

Posted: 04 Aug 2014 06:08 AM PDT

http://finance.yahoo.com/news/exclusive-goldman-group-set-buy-050419532.html

Posted: 04 Aug 2014 01:37 AM PDT

Goldman group set to buy message system as alternative to Bloomberg - http://t.co/ZNgNBTFoKN — moneyscience (@moneyscience) August 4, 2014

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Vendor News: Fidessa group announces interim results

Posted: 04 Aug 2014 12:08 AM PDT

Blog Post: emotionalfinance: On fund-managers, rats and hermit crabs: reversion to familiar habits under stress

Posted: 03 Aug 2014 09:25 AM PDT



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mainly macro: What are academics good for?

Posted: 03 Aug 2014 07:36 AM PDT

What are academic economists good for? http://t.co/FWlkUiHBQA — moneyscience (@moneyscience) August 3, 2014

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