عنوان

The physics of Wall Street :

شابک

0547317271

شابک

9780547317274

شماره

dltt

عنوان اصلي

The physics of Wall Street :

نام عام مواد

[Book]

ساير اطلاعات عنواني

a brief history of predicting the unpredictable /

نام نخستين پديدآور

James Owen Weatherall

محل نشرو پخش و غیره

Boston :

نام ناشر، پخش کننده و غيره

Houghton Mifflin Harcourt,

تاریخ نشرو بخش و غیره

2013

نام خاص و کميت اثر

xviii, 286 p. ;

ابعاد

25 cm

متن يادداشت

Includes bibliographical references (p. [250]-268) and index

متن يادداشت

Of quants and other demons -- Primordial seeds -- Swimming upstream -- From coastlines to cotton prices -- Beating the dealer -- Physics hits the street -- The prediction company -- Tyranny of the Dragon King -- A new Manhattan project -- Send physics, math, and money!

بدون عنوان

0

متن يادداشت

While many of the mathematicians and software engineers on Wall Street failed when their abstractions turned ugly in practice, a special breed of physicists has a much deeper history of revolutionizing finance. From fin-de-siècle Paris to Rat Pack-era Las Vegas, from wartime government labs to Yippie communes on the Pacific coast, Weatherall shows how physicists successfully brought their science to bear on some of the thorniest problems in economics, from options pricing to bubbles. The 2008 crisis was partly a failure of mathematical modeling, but even more, it was a failure of some very sophisticated financial institutions to think like physicists. Models--whether in science or finance--have limitations; they break down under certain conditions. And in 2008, sophisticated models fell into the hands of people who didn't understand their purpose, and didn't care. It was a catastrophic misuse of science. The solution, however, is not to give up on models; it's to make them better. Weatherall reveals the people and ideas on the cusp of a new era in finance. This book is riveting history that will change how we think about our economic future.--From publisher description

موضوع مستند نشده

Securities-- United States

موضوع مستند نشده

Wall Street (New York, N.Y.)

بدون عنوان

0

شماره

ويراست

شماره رده

نشانه اثر

مستند نام اشخاص تاييد نشده

Weatherall, James Owen

تاريخ عمليات

20130109092045.0

نام الکترونيکي

نوع ماده

[Book]

تكميل شده

Y