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Showing posts with the label Game Theory

Nash Meets Feynman

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Those of you who haven't seen "A Beautiful Mind" might not get it. Butif you have (or if you know Nash's work), it's funny. In case you didn't know, in addition to Richard Feynman being a Nobel-prize winning physicist, also found the Feynman-Kac solution to the third-order partial differential solution that Black and Scholes used in their option-pricing formula. So, he's actually about a Nobel-Prize winner and maybe a quarter (once on his own, and once for being useful to B&S.

Finance and Economic Courses on the Web on The Web

Increasingly, people are putting their lectures, teaching material, and (in some cases), entire courses on the web. Here are a few I've recently come across: A Short Course In Behavioral Economics: Daniel Kahneman (yes, the Nobel Laureate) has recorded and posted videos of a two day conference called "Thinking about Thinking". Robert Schiller's Spring 2008 Financial Markets Class at Yale : Schiller has done a great deal of work in market efficiency, and also created the Case-Schiller Index of Home Prices. While surfing through Yale's Open Classes, I also found a class titled Game Theory , by Ben Polak, a widely published economist. He seems to cover all the big topics: Nash (and other) Equilibrium concepts, Adverse Selection, Signalling, and even Evolutionary Game Theory. If you know of other finance/econ classes on the web, let me know in the comments section and I'll post them here.