Andrew W. Lo discusses how we can use the power of finance to solve major social problems like cancer and global warming by funding targeted research, while developing financial instruments based on a wide distribution of risk
Andrew W. Lo discusses how we can use the power of finance to solve major social problems like cancer and global warming by funding targeted research, while developing financial instruments based on a wide distribution of risk (such as insurance and securitization) that can be used to bridge gaps and offer financing not possible from other sources.