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The Physics of Finance: Predicting the Unpredictable: How Science Has Taken Over Wall Street - Softcover
Synopsis
Physics of Finance
After the economic meltdown of 2008, many pundits placed the blame on "complex financial instruments" like derivatives, and the physicists and mathematicians who dreamed them up. But a young academic named James Owen Weatherall quickly began to question this narrative. Were the physicists really at fault? In this important and entertaining book, Weatherall tells the story of how physicists successfully brought their science to bear on some of the thorniest problems in economics, changing Wall Street forever. He shows how - catastrophically - this science fell into the hands of people who didn't understand it, and didn't care to. Weatherall argues that, while the mathematical models did have their faults, disaster arose because financial institutions failed to think like physicists. Mathematical sophistication is the remedy, he says, not the disease.
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About the Author
James Owen Weatherall is a physicist, philosopher, and mathematician. He holds graduate degrees from Harvard, the Stevens Institute of Technology, and the University of California, Irvine, where he is presently an assistant professor of logic and philosophy of science. He has written for Slate and Scientific American.
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- PublisherShort Books Ltd
- Publication date2014
- ISBN 10 1780720874
- ISBN 13 9781780720876
- BindingPaperback
- LanguageEnglish
- Number of pages304
- Rating
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The Physics of Finance: Predicting the Unpredictable: How Science Has Taken Over Wall Street
Published by
Octopus Publishing Group, United Kingdom, 2014
ISBN 10: 1780720874
ISBN 13: 9781780720876
Used
Paperback
Seller: WorldofBooks, Goring-By-Sea, WS, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: Very Good. A book which reveals the people and ideas on the cusp of a new era in finance. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR006321968
Quantity: 1 available
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The Physics of Finance: Predicting the Unpredictable: How Science Has Taken Over Wall Street
Seller: Broadleigh Books, Gillingham, DOR, United Kingdom
Seller rating 5 out of 5 stars
Soft cover. Condition: Very Good. The pages are bright, unmarked, in very good condition and tightly bound. No creasing on the spine or rear cover. Reading crease on the front cover close to and parallel with the spine. Otherwise the covers have only trivial handling wear. Mailed the same or next working day in a cardboard book wrap. Seller Inventory # 453.44
Quantity: 1 available