Finance and Visual Mathematics Initiative
Those trained in humanities and social sciences may face a daunting obstacle mastering the body of mathematics related to derivative pricing model. The esoteric knowledge required to understand “the greeks” also limits informed public participation in policy debates on financial markets. The Bruce Initiative is funding the development of visual materials that will illustrate the relationships inherent in the Black-Scholes formula and other pricing models. For this purpose, we have retained as a consultant UCSC Professor-Emeritus Ralph Abraham.