UID:
almafu_9960950829502883
Umfang:
1 online resource (392 p.)
Ausgabe:
1st ed.
ISBN:
9786612097676
,
9780262250047
,
0262250047
,
9781282097674
,
1282097679
,
9780262278805
,
0262278804
,
9781423774488
,
1423774485
Serie:
Inside technology
Inhalt:
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.
Anmerkung:
Description based upon print version of record.
,
Acknowledgements; 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; Appendix A An Example of Modigliani and Miller's "Arbitrage Proof" of the Irrelevance of Capital Structure to Total Market Value; Appendix B Lévy Distributions; Appendix C Sprenkle's and Kassouf's Equations for Warrant Prices; Appendix D The Black-Scholes Equation for a European Option on a Non- Dividend-Bearing Stock; Appendix E Pricing Options in a Binomial World
,
Appendix F Repo, Haircuts, and Reverse RepoAppendix G A Typical Swap-Spread Arbitrage Trade; Appendix H List of Interviewees; Glossary; Notes; Sources of Unpublished Documents; References; Series List; Index
,
English
Weitere Ausg.:
ISBN 9780262134606
Weitere Ausg.:
ISBN 0262134608
Sprache:
Englisch
URL:
MIT scholarship online
