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Science &
Publications
Think-tank between science and practice in finance.
In this section we show contributions based on scientific studies covering the topics financial markets, risk manangement and decision making under uncertainty in a very broad context. The spectrum which we cover here is meant to be broad and highly interdiscilplinary. This is also the reason why we show here, e.g., a contribution from the field of molecular biology investigating decision making under uncertaintiy already by the smallest living entities on earth.
Other publications
Cooperative Financial Consulting – Solving the Dilemma Between Risk and Return
by Monika Müller and Magnus Pirovino
Springer essentials. ISBN 978-3-658-49875-7 (eBook). publication date: November 5, 2025
https://doi.org/10.1007/978-3-658-49875-7
Scientific article in the field of molecular biology (2025)
Pirovino M, Iseli C, Curran JA, Conrad B (2025) Biomathematical enzyme kinetics model of prebiotic autocatalytic RNA networks: degenerating parasite-specific hyperparasite catalysts confer parasite resistance and herald the birth of molecular immunity. PLoS Comput Biol 21(1): e1012162. https://doi.org/10.1371/journal.pcbi.1012162
To mark the publication of this article, an Investment Letter was published (in German) as a special edition, which explains the connection between this scietific research and our assessment of the economy, politics and the financial market.
OPIRO Investment Letter Sonderausgabe Februar 2025:
Ein Blick hinter die Kulissen - Von der Unsicherheitsbewältigung am Finanzmarkt zur Entstehung des Lebens und zurück
Scientific article in the field of molecular biologie (2023)
Conrad B, Iseli C, Pirovino M (2023). Energy-harnessing problem solving of primordial life: Modeling the emergence of catalytic host-nested parasite life cycles. PLoS ONE 18(3): e0281661. https://doi.org/10.1371/journal.pone.0281661
This scientific contribution is inspired from problems of risk management in the financial markets.
OPIRO Essay Series Edition No. 3
"The Mystery of Investing: Befriending the Dilemma"
by Monika Müller from FCM Finanz Coaching and Magnus Pirovino
OPIRO Essay Series Edition No. 2
"The Basics of Investor Uncertainty: Value and Momentum are Complementary"
by Magnus Pirovino
OPIRO Essay Series Edition No. 1
"The Basics of Market Uncertainty: Price and Quantity are Complementary"
by Magnus Pirovino
Short Research Note No.1-2013
"Uncertainty relations of events: Position and event density are complementary in case of normal distributions."
Working Paper No.1-2013
"How Can Knowledge Structures Determine Price Fluctutations? An Inquiry into Philosophy and Finance."
Working Paper No.1-2011
"What is the fair price for information in capital markets? Outline of a realistic aggregate capital markets theory explaining bubbles and trading away from equilibrium by means of Maxwell’s theory of electromagnetism."