Ethics for the working mathematician, discussion 2: Financial Mathematics and Modelling

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• Maurice Chiodo (University of Cambridge)
• Tuesday 19 October 2021, 16:00-17:00
• Google Meet - https://meet.google.com/nmr-kumf-drc.

If you have a question about this talk, please contact Artem Khovanov.

We all know about examples of mathematicians misbehaving in finance, and even being jailed as a result: Tom Hayes and Ke Xu are two examples. But more subtle are the modelling tools mathematicians produce. Mathematical modelling is ubiquitous in understanding the way the world works, from finance to physics to climate patterns. Understanding how to develop and use a model, as well as its limitations, and the way it interacts with the world, is indispensable in preventing it from causing harm. Unfortunately, as we saw in the financial crash of 2007, such models are sometimes poorly understood, with devastating consequences.

For more information about this series of discussions, please see https://cueims.soc.srcf.net/2021.

This talk is part of the C.U. Ethics in Mathematics Society (CUEiMS) series.

This talk is included in these lists:

• C.U. Ethics in Mathematics Society (CUEiMS)
• Cambridge talks
• Google Meet - https://meet.google.com/nmr-kumf-drc
• Trust & Technology Initiative - interesting events
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