How new theories in human information processing explain the meltdown on Wall Street
Response to The New York Times article on Wall Street Risk by Joe Nocera (1/4/2009) In The New York Times Sunday Magazine section Joe Nocera produced a column that was important, well researched and insightful on how computer-based decision tools (VaR models) led Wall Street down the path to near ruin. However, Mr. Nocera missed … Continue reading How new theories in human information processing explain the meltdown on Wall Street