Other Industry Event, Other Industry Events, Virtual Events & Programming

Centennial Speaker Series – George G. Szpiro on Risky Decisions: How Mathematical Paradoxes and Other Conundrums Have Shaped Economic Science

Tuesday, March 16 | 12:00 PM - 1:00 PM

Loading Events

Wait! A Note on Registration:

We’ve launched Cvent—our new events platform!

Registration for any event with a start date after Sept. 28 now requires a CFA Institute account.

I don’t have a CFA Institute account

  • No problem! You’ll have the chance to create one prior to registration.

I already have a CFA Institute account

  • Great! Be sure to use your existing credentials at registration.
Cvent Transition Guide

Overview

This event is co-sponsored with the CFA Society New York, the Gabelli Center for Global Security Analysis, and the Museum of American Finance.

At its core, economics is about making decisions. In the history of economic thought, great intellectual prowess has been exerted toward devising exquisite theories of optimal decision-making in situations of constraint, risk, and scarcity. Yet not all of our choices are purely logical, so there is a long-standing tension between those emphasizing the rational and irrational sides of human behavior. One strand develops formal models of rational utility-maximizing, while the other draws on what behavioral science has shown about our tendency to act irrationally.

In this talk, George Szpiro will give examples of mathematical paradoxes and psychological conundrums that have led to advancements in economic science. He will challenge the audience with questions about how to make decisions, thereby showing how people who believe themselves to be rational can be led astray.

Agenda

12:00 PM | WELCOME REMARKS

Donna Rapaccioli, Dean, Gabelli School of Business, Fordham University


12:05 PM | SPEAKER INTRODUCTION

David Cowen, President, Chief Executive Officer, Museum of American Finance


12:08 PM | DISCUSSION

George G. Szpiro, Author, Numbers Rule: The Vexing Mathematics of Democracy, from Plato to the Present and Pricing the Future: Finance, Physics, and the 300-Year Journey to the Black-Scholes Equation


12:45 PM | AUDIENCE Q&A


1:00 PM | CLOSING REMARKS

David Cowen, President, Chief Executive Officer, Museum of American Finance

Co-Sponsored By

Museum of American Finance