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Bestseller
BestsellerE-book
Author MacKenzie, Donald A.

Title An engine, not a camera : how financial models shape markets / Donald MacKenzie.

Publication Info. Cambridge, Mass. : MIT Press, [2006]
©2006

Item Status

Description 1 online resource (x, 377 pages) : illustrations.
Physical Medium polychrome
Description text file
Series Inside technology
Inside technology.
Bibliography Includes bibliographical references (pages 333-368) and index.
Contents 1. Performing theory -- 2. Transforming finance -- 3. Theory and practice -- 4. Tests, anomalies, and monsters -- 5. Pricing options -- 6. Pits, bodies, and theorems -- 7. The fall -- 8. Arbitrage -- 9. Models and markets.
Summary This pioneering work in the social studies of finance describes how the emergence of modern finance theory has affected financial markets in fundamental ways. Paraphrasing Milton Friedman, the author says that economic models are an engine of inquiry rather than a camera to reproduce empirical facts.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Capital market -- Mathematical models.
Capital market -- Mathematical models.
Derivative securities -- Mathematical models.
Derivative securities -- Mathematical models.
Financial crises -- Mathematical models.
Financial crises -- Mathematical models.
Financial crises.
Financial crises -- Case studies.
Genre/Form Case studies.
Electronic books.
Case studies.
Other Form: Print version: MacKenzie, Donald A. Engine, not a camera. Cambridge, Mass. : MIT Press, ©2006 0262134608 (DLC) 2005052115 (OCoLC)61278675
ISBN 9780262278805 (electronic book)
0262278804 (electronic book)
1423774485 (electronic book)
9781423774488 (electronic book)
9780262250047 (electronic book)
0262250047 (electronic book)
0262134608
9780262134606