The Evolution of Hedging: A Historical Analysis
Explore the evolution of hedging strategies in financial markets, from ancient civilizations to modern futures trading.
Risk Management
Hurricane Insurance and the Limits of Private Sector Involvement
Understanding the role of government in mitigating the financial burden of natural disasters through private sector involvement limitations.
The Anomaly of Financial Markets: Understanding the Fat Tails
Financial markets exhibit unusual behavior with higher frequency of extreme events such as large market drops or rises than expected under a normal distribution.