March 29, 2009 The Civil Heretic By NICHOLAS DAWIDOFF FOR MORE THAN HALF A CENTURY the eminent physicist Freeman Dyson has quietly resided in Prince ton, N.J., on the wooded former farmland that is home to his employer, the Institute for Advanced Study, this country’s most rarefied community of scholars. Lately, however, since coming “out of [...]
Freeman Dyson today
March 29th, 2009 · No Comments · Physics
Tags: Dyson
David Li and the Gaussian Copula
March 29th, 2009 · No Comments · Markets, Physics
Gaussian copula and credit derivatives Steven Hsu, Prof of Physicss, Univ of Oregon Monday, September 12, 2005 This WSJ article describes a mathematical innovation that helped create the now huge market for credit derivatives. Credit derivatives let banks, hedge funds and other investors trade the risk associated with credit defaults (i.e. bankruptcy of bond issuers). Just as [...]