New research counters risky image of popular financial investments
Tuesday, March 16, 2010 - 14:49
in Mathematics & Economics
(PhysOrg.com) -- They have been called "financial weapons of mass destruction" and blamed for a number of catastrophic losses and bankruptcies. New research by a finance professor at Virginia Tech's Pamplin College of Business, however, counters the popular perception of derivatives as dangerous tools and investments.