Complex derivatives
Abstract
The intrinsic complexity of the financial derivatives market has emerged as both an incentive to engage in it, and a key source of its inherent instability. Regulators now faced with the challenge of taming this beast may find inspiration in the budding science of complex systems.
- Publication:
-
Nature Physics
- Pub Date:
- March 2013
- DOI:
- 10.1038/nphys2575
- Bibcode:
- 2013NatPh...9..123B