Matches in DBpedia 2014 for { ?s ?p ""Rocket science" in finance is a metaphor for activity carried out by specialised information technology staff to provide executive managers with the detailed output from mathematical modeling programs to inform investment decisions. Their work depends on use of simulated mathematical models implemented in complex IT environments.For instance, a firm that invests its money in funds of investment is ought to have a result that depends on a mix of scientific questions and hazards. Different decisions in how to divide the financial resources into the funds lead to different sets of probabilities of return. Advising the investor about the consequences of each possible decision in the risk-return context is one of the typical roles of a rocket scientist."@en }
Showing triples 1 to 1 of
1
with 100 triples per page.
- Rocket_science_in_finance abstract ""Rocket science" in finance is a metaphor for activity carried out by specialised information technology staff to provide executive managers with the detailed output from mathematical modeling programs to inform investment decisions. Their work depends on use of simulated mathematical models implemented in complex IT environments.For instance, a firm that invests its money in funds of investment is ought to have a result that depends on a mix of scientific questions and hazards. Different decisions in how to divide the financial resources into the funds lead to different sets of probabilities of return. Advising the investor about the consequences of each possible decision in the risk-return context is one of the typical roles of a rocket scientist.".