After watching the stock market struggle for the past year, financial experts from Wall Street and academia are putting more effort into bringing behavioral modeling into their complex financial calculations. “The risk models proved myopic, they say, because they were too simple-minded. They focused mainly on figures like the expected returns and the default risk of financial instruments. What they didn’t sufficiently take into account was human behavior, (more…)

This could be very addictive: GoogleGoogle is teaming up with board game maker Hasbro to launch a Google MapsGoogle Maps version of Monopoly. A monopoly game to let you buy any street in the world.

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