If you skip balancing your checkbook and gloss over your credit card interest charges, you may have a financially debilitating aversion to math. For some people, the tendency to avoid dealing with ...
Rutgers Cooperative Extension and the New Jersey Coalition for Financial Education recently completed a series of financial education teacher training classes called "Hard Core Boot Camp." One of the ...
Financial mathematics comprises the theoretical frameworks and numerical techniques used to model financial markets, assess risk, and price derivative instruments. Rooted in probability theory and ...
How do we make financial decisions? Do we behave like characters in an economics textbook, maximizing our utility subject to budget constraints? Or do we fall victim to the psychology of the mob, ...
Providence, RI---Your financial advisor calls you up to suggest a new investment scheme. Drawing on 20 years of data, he has set his computer to work on this question: If you had invested according to ...
The area of financial mathematics is concerned with the development and the analysis of models that can be of use to the valuation of investments in financial assets. Since the pioneering days of ...