[Vortraege] PS: Vortragsankündigungen KW. 26

[Norbert Mauser]

Dear collegues,

one more talk to announce:

Monday, 23 june, at 17h00
WPI seminar room, 8th floor,
Mr. Juraj Kapasny:

"Application of PDEs in option pricing:
Black Scholes formula and how it failed"

Juraj is an Erasmus student in the Markowich-Mauser seminar
and he will present
a short basic explanation of mathematics for pricing options,
the Black Scholes formula,
and how it nearly triggered a crash when the LTCM fund collapsed in 1999
that was based on Black-Scholes formula and managed by Scholes himself.

best regards
NJM