Abbe, Emmanuel A.; Khandani, Amir E.; Lo, Andrew W. - In: American Economic Review 102 (2012) 3, pp. 65-70
The financial industry relies on trade secrecy to protect its business processes and methods, which can obscure critical financial risk exposures from regulators and the public. Using results from cryptography, we develop computationally tractable protocols for sharing and aggregating such risk...