SOCI 28045 - Markets,Models,and Risk

Institution:

University of Chicago

Subject:

Description:

The ways in which risk and uncertainty were modeled were central to the making of the current financial crisis. Rating agencies, credit raters, banks, corporations, and individual investors all used quantitative models of risk that helped create and legitimize decisions that led to a collapse of the financial sector. This course explores how organizations, institutions, and markets make decisions involving risk and develop quantitative models to capture risk and uncertainty. We explore the particular role that quantification plays in understanding risk and shaping decision making, contrasting rational economic views with sociological theory and science studies. E. Coslor. Winter.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

WWW.UCHICAGO.EDU

Phone Number:

(773) 702-1234

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Quarter

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