This age-old stock market indicator is flashing red right now for near-term investors: the Dow Theory. But what exactly is ...

While the title makes this sound very science-based, this is still a financial planning article. Don’t worry if you haven’t heard of the theory of financial relativity, as it was made up while ...

Decision trees are a major tool in corporate finance. Discover how binomial trees play an integral role in the pricing of interest rates.

Merton, Robert C. "On the Role of the Wiener Process in Finance Theory and Practice: The Case of Replicating Portfolios." In The Legacy of Norbert Wiener: A Centennial Symposium. Vol. 60, edited by D.

Econometrics is limited in that it relies on the inference of raw data without connecting it to established economic theory or looking for any causal relationships. Financial modeling is the act ...

Traditional finance theory would argue that the rational decision stands to make the most profit. But real investors face complex emotions and decisions about money. They don’t always optimize.

Poised at the leading edge of finance theory and practice, our faculty members produce research that is consistently recognized in flagship journals. Faculty research is consistently recognized in ...

The part of financial mathematics that is concerned with the valuation of investment decision strategies overlaps with the theory of control and optimisation, which is a traditional branch of ...

At the heart of endogenous growth theory are people, as they best drive growth through new ideas. As Kugler told World Finance: “Knowledge is the basis of economic growth through the ongoing ...