The End of Theory – Financial Crises, the Failure of Economics, and the Sweep of Human Interaction
Autor Richard Bookstaberen Limba Engleză Paperback – 4 apr 2019
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Paperback (1) | 127.85 lei 3-5 săpt. | +15.89 lei 6-12 zile |
Princeton University Press – 4 apr 2019 | 127.85 lei 3-5 săpt. | +15.89 lei 6-12 zile |
Hardback (1) | 307.79 lei 3-5 săpt. | |
Princeton University Press – 11 mai 2017 | 307.79 lei 3-5 săpt. |
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Specificații
ISBN-13: 9780691191850
ISBN-10: 0691191859
Pagini: 240
Dimensiuni: 158 x 233 x 18 mm
Greutate: 0.39 kg
Editura: Princeton University Press
ISBN-10: 0691191859
Pagini: 240
Dimensiuni: 158 x 233 x 18 mm
Greutate: 0.39 kg
Editura: Princeton University Press
Notă biografică
Richard Bookstaber has overseen risk management at investment banks Morgan Stanley and Salomon Brothers, as well as major hedge funds such as Moore Capital and Bridgewater. He has also held positions at the U.S. Treasury, and is currently at the University of California. He is the author most recently of A Demon of Our Own Design (Wiley).
Cuprins
"Greg Mankiw said a decade ago, ¿The fact that modern macroeconomic research is not widely used in practical policymaking is prima facie evidence that it is of little use for this purpose.' In The End of Theory, Richard Bookstaber explains why this is so, and presents an alternative to change this situation. Showing that agent-based modeling provides a way of recognizing patterns that emerge as economic crises develop, Bookstaber's approach should help dampen crises and their impacts. What could be more important?"--Alan Kirman, director of studies, École des Hautes Études en Sciences Sociales and emeritus professor of economics, Aix-Marseille University
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An in-depth look at how to account for the human complexities at the heart of today's financial system Our economy may have recovered from the Great Recession--but not our economics. In The End of Theory, Richard Bookstaber discusses why the human condition and the radical uncertainty of our world renders the standard economic model--and the theor
An in-depth look at how to account for the human complexities at the heart of today's financial system Our economy may have recovered from the Great Recession--but not our economics. In The End of Theory, Richard Bookstaber discusses why the human condition and the radical uncertainty of our world renders the standard economic model--and the theor