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Radical Complexity

2021-03-17 · Jean-Philippe Bouchaud

This is an informal and sketchy review of six topical, somewhat unrelated subjects in quantitative finance: rough volatility models; random covariance matrix theory; copulas; crowded trades; high-frequency trading & market stability; and "radical complexity" & scenario based (macro)economics. Some open questions and research directions are briefly discussed.

📄 PDF Abstract BibTeX arXiv:2103.09692

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