Tag: Invention
3. Technology and Invention in Finance
Financial Markets (ECON 252) Technology and innovation underlie finance. In order to manage risks successfully, particularly long-term, we must pool large amounts of risk among many, diverse people and overcome barriers such as moral hazard and erroneous framing. Inventions such as insurance contracts and social security, and information technology all the way from such simple [...]
Posted: March 11th, 2010 under Insurance.
Tags: Finance, Invention, Technology
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