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Spur Toronto: Risk and The Economy
Sun, 9 April 2017, 12:30 PM – 2:00 PM EDT
As the US looks set to repeal the Dodd-Frank Act (put in place to regulate Wall Street after 2008), Spur asks: how is financial risk quantified by those within the system, and what are the human factors – gut feelings, hormones and/or emotions – that impact that? From risky lending practices, to packaged financial instruments like mortgage-backed securities no-one really understood, the post-mortem on the financial crisis revealed the degree to which human irrationality, bias and cognitive errors drove the financial decisions of those at the top. Spur explores the confluence of economics, psychology and neuroscience that influence human decision-making in a sector who actions dictate the well-being of the world.
Dr John Coates is a neuroscientist and applied physiologist working on the biology of risk taking. He was until 2016 research fellow in neuroscience and finance at the University of Cambridge. Before that he was a trader on Wall Street, working for Goldman Sachs, Merrill Lynch and running a desk at Deutsche Bank. He developed novel techniques for analyzing and trading tail events such financial crises.
Save $10 by purchasing a ticket for both this event and Risk and Journalism at 10:30 Noon. Just click on the Bundle option in the Eventbrite window below.