• What is an Index?

    A re-examination of the notion of an index in light of recent technological advances in computing, trading, trade processing, telecommunications, and derivative securities.

  • Buying Cures Versus Renting Health: Financing Health Care with Consumer Loans

    We propose a practical way to increase drug affordability through health care loans (HCLs)—the equivalent of mortgages for large health care expenses.

  • An Evolutionary Model of Bounded Rationality and Intelligence

    Developing a simple binary-choice model that takes evolutionary consequences of decisions into account as well as the role of intelligence


The LFE is a research center created as a partnership between academia and industry, designed to support and promote research in financial engineering and computational finance.

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