The Physics of Finance: Predicting the Unpredictable: How Science Has Taken Over Wall Street

图书标准信息

• 作者 James Owen Weatherall 著
• 出版社 Short Books Ltd
• 出版时间 2014-11
• ISBN 9781780720876
• 定价 112.80元
• 装帧 平装
• 开本 其他
• 纸张 其他
• 页数 304页
• 正文语种 英语

【内容简介】

Aftertheeconomicmeltdownof2008,manypunditsplacedtheblameon"complexfinancialinstruments"likederivatives,andthephysicistsandmathematicianswhodreamedthemup.ButayoungacademicnamedJamesOwenWeatherallquicklybegantoquestionthisnarrative.Werethephysicistsreallyatfault?Inthisimportantandentertainingbook,Weatheralltellsthestoryofhowphysicistssuccessfullybroughttheirsciencetobearonsomeofthethorniestproblemsineconomics,changingWallStreetforever.Heshowshow-catastrophically-thissciencefellintothehandsofpeoplewhodidn'tunderstandit,anddidn'tcareto.Weatherallarguesthat,whilethemathematicalmodelsdidhavetheirfaults,disasterarosebecausefinancialinstitutionsfailedtothinklikephysicists.Mathematicalsophisticationistheremedy,hesays,notthedisease.