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The Equation That Broke the Economy: How the Misuse of Gaussian Copula Led to the Financial Crisis

By Iman Nasser
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$3.00
By Iman Nasser
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The financial crisis of 2008 was one of the most devastating economic events in modern history. In the aftermath, many people were left wondering how something like this could happen, and who or what was to blame. This book explores one of the key factors that contributed to the crisis - the misuse of a mathematical equation called the Gaussian Copula.

The Equation That Broke the Economy delves into the history and development of the Gaussian Copula, which was originally designed to help ban...

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BusinessEconomicsEconomic HistoryUnited States - Economic History