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May 02, 2008

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» Modeling the Subprime Mortgage Market as a Closed Loop Oscillator with only Positive Feedback from Broken Symmetry
Electrical engineers who design analog circuits learn an important rule of thumb: closed loop systems that provide only positive feedback to their inputs can become unstable. In the diagram at right, when A and B are relatively good amplifiers, the [Read More]

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Michael Martin

This is mind-blowingly awesome work. I can't wait to see how it sparks changes in the mortgage industry.

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