University of Cambridge > Talks.cam > C.U. Ethics in Mathematics Society (CUEiMS) > Ethics for the working mathematician, discussion 2: Financial Mathematics and Modelling

Ethics for the working mathematician, discussion 2: Financial Mathematics and Modelling

Add to your list(s) Download to your calendar using vCal

If you have a question about this talk, please contact Artem Khovanov.

We all know about examples of mathematicians misbehaving in finance, and even being jailed as a result: Tom Hayes and Ke Xu are two examples. But more subtle are the modelling tools mathematicians produce. Mathematical modelling is ubiquitous in understanding the way the world works, from finance to physics to climate patterns. Understanding how to develop and use a model, as well as its limitations, and the way it interacts with the world, is indispensable in preventing it from causing harm. Unfortunately, as we saw in the financial crash of 2007, such models are sometimes poorly understood, with devastating consequences.

For more information about this series of discussions, please see https://cueims.soc.srcf.net/2021.

This talk is part of the C.U. Ethics in Mathematics Society (CUEiMS) series.

Tell a friend about this talk:

This talk is included in these lists:

Note that ex-directory lists are not shown.

 

© 2006-2024 Talks.cam, University of Cambridge. Contact Us | Help and Documentation | Privacy and Publicity