My career in academic research has not been involved with active management of securities. I've tried to understand risk-and-return relationships; also the… — Myron Scholes Copy Share Image
There is a bit of a problem with the match between derivative securities markets and the primary markets. We have long ago… — Kenneth Arrow Copy Share Image
I am not really inclined to think there is any very effective regulation of the derivative securities markets that would be useful.… — Kenneth Arrow Copy Share Image