A calculus of risk

Article Abstract:

The introduction of weather derivatives exemplify the growing scope of a discipline called financial engineering. Financial engineering was created to reduce the exposure of firms from various economic and financial problems such as stock market collapses and floating exchange rates.

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Progress against prions

Article Abstract:

Experiments for the treatment of the human form of mad cow disease, caused by malignant protein particles called prions have earned the SciAm 50 Trends in Business, Policy and Research Award.

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The undying pulse

Article Abstract:

The commercialization of fiber-optic technology is discussed in terms of competitive advantage.

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