Science of Better: Crunching the Numbers
Friday, January 5, 2012
Models Behaving Badly
Emanuel Derman, Columbia University
What do quantum theory, Schopenhauer, Goethe, and Spinoza have to teach us about the economic disaster of 2007-8? Quite a bit, maintains Emanuel Derman of Columbia University’s Industrial Engineering & Operations Research Department. Hear him discuss his new book, Models Behaving Badly: Why Confusing Illusion with Reality Can Lead to Disaster, on Wall Street and in Life.
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With host Barry List, INFORMS Director of Communications.
New! A series of podcasts with unexpected insights into the way that math, analytics, and operations research affect people like you and organizations like your own.
In every segment, an expert explains how he or she changed the world by crunching the numbers.