Thursday, September 6, 2012

GWorks Interviews: Frank Partnoy

“There’s been a lot of thinking and writing about how we make decisions, about how why we make certain kinds of decisions, about what we should decide. There hasn’t been as much writing or thinking about when.”
In GWorks Interviews: Frank Partnoy, Professor Partnoy discusses his latest book, Wait: The Art and Science of Delay, a study of the relation of time, timing, decisions and how understanding the value of procrastination makes for better decisions.

Frank Partnoy is George E. Barrett Professor of Law and Finance and the founding director of the Center for Corporate and Securities Law at the University of San Diego School of Law. In addition to Wait, Professor Partnoy has written The Match King: Ivar Kreuger, the Financial Genius Behind a Century of Wall Street Scandals; Infectious Greed: How Deceit and Risk Corrupted the Financial Markets; and F.I.A.S.C.O.: Blood in the Water on Wall Street.

Part One: The Two-Step Wait: The Art & Science of Delay and decision-making as a two-step process.

Part Two: On Second Thought Decisions that take milliseconds.

Part Three: Traders Speed trading, the flash crash, algorithms & procrastinating at the speed of light.

Part Four: Regulating How the ideas in Wait apply to longer-term problems, like market regulation.

Part Five: Waiting Thinking about and changing values.