Computer Models Often Use Unsound Math, Researchers Say

(Bloomberg News) -- Bloomberg News article discussing our latest article at the Notices of the American Mathematical Society.

"[M]athematicians in the 21st century have remained disappointingly silent with the regards to those in the investment community who, knowingly or not, misuse mathematical techniques such as probability theory, statistics and stochastic calculus. Our silence is consent, making us accomplices in these abuses."