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Tag Archives: economic models

Throw Out the Old Economic Models – Room for Debate – NYTimes.com

Throw Out the Probability Models Nassim Nicholas Taleb, a former derivatives trader, is a distinguished professor of risk engineering at Polytechnic Institute of New York University. He is the author of “The Black Swan: The Impact of the Highly Improbable.” Updated April 2, 2012, 4:44 PM After the events that started in 2007 and the […]