Sparring over global valuation

claudio-albanese-2010

Challenging orthodoxy invariably invites criticism. Sometimes, the hypothesis survives the barrage and eventually supplants the existing convention after years of wrangling. Other times, it turns out the theory does not hold up and the idea withers away.

As such, it is little surprise a concept championed by Claudio Albanese, visiting professor of mathematical finance at King’s College London, has attracted strong criticism from parts of the quant community. The idea, outlined in an article

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here