Espen Gaarder Haug and Nassim Nicholas Taleb argue that the Black–Scholes model merely recast existing widely used models in terms of practically impossible "dynamic hedging" rather than "risk", to make them more compatible with mainstream neoclassical economic theory.
Espen G. Haug has worked as a trader for J.P. Morgan Chase in New York City, Chemical Banking, Paloma Partners, Tempus Financial Engineering, and Den norske Bank.
His book was re-discovered by Espen Gaarder Haug in the early 2000s and many references from Nelson's book are given in Haug's book "Derivatives Models on Models".
Wilmott magazine's regular contributors include Edward Thorp, Espen Gaarder Haug, Aaron Brown, William Ziemba, Nassim Taleb, Henriette Prast, Kent Osband, Satyajit Das, Babak Mahdavi Damghani, Dave Ingram, Elie Ayache, Milford Radley and Jan Darasz.
Espen Lind | Trond Espen Seim | Norbert Haug | Espen Gaarder Haug | Wolfgang Fritz Haug | Espen Rud | Espen Aarseth | Knut Haug | Espen Knutsen | Espen Haavardsholm | Espen Eckbo | Espen Berg-Knutsen | Émile Haug | Andrew Haug |