9780470725221 - The Blank Swan: The End of Probability von Ayache, Elie (11 Ergebnisse)

Hardcover. Zustand: Very Good. FIRST THUS. First Edition Thus, Later Printing. Published by Wiley, 2010. Octavo. Hardcover. Book is very good with the previous owners annotations throughout, the previous owners writings on the front and rear flyleaf pages, and some shelf wear. No dust jacket. 100% positive feedback. 30 day money back guarantee. NEXT DAY SHIPPING! Excellent customer service. Please email with any questions. All books packed carefully and ship with free delivery confirmation/tracking. All books come with free bookmarks. Ships from Sag Harbor, New York.

Hardcover. Zustand: Fine. Zustand des Schutzumschlags: Fine. First Edition. the book appears very little used. internally clean and neat. may require extra postage outside South Africa. very fine copy. [SK]. Our orders are shipped using tracked courier delivery services.

HRD. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Zustand: New. In.

Zustand: New. pp. 496.

Zustand: New. 2010. 1st Edition. Hardcover. October 19th 1987 was a day of huge change for the global finance industry. On this day the options market crashed, the Nobel Prize winning Black-Scholes formula failed and volatility smiles were born, and on this day Elie Ayache began his career, on the trading floor of the French Futures and Options Exchange. Num Pages: 496 pages, Illustrations. BIC Classification: KF. Category: (P) Professional & Vocational. Dimension: 250 x 179 x 33. Weight in Grams: 980. . . . . . Books ship from the US and Ireland.

Hardcover. Zustand: Brand New. 1st edition. 496 pages. 9.69x6.77x1.42 inches. In Stock.

Zustand: New.

Buch. Zustand: Neu. Neuware - October 19th 1987 was a day of huge change for the global finance industry. On this day the options market crashed, the Nobel Prize winning Black-Scholes formula failed and volatility smiles were born, and on this day Elie Ayache began his career, on the trading floor of the French Futures and Options Exchange.Experts everywhere sought to find the cause of the crisis, and ways to avoid a recurrence in the future, but the one thing that struck Elie that day was the belief that what actually happened on 19th October 1987 is simply non reproducible outside 19th October 1987 - you cannot reduce it to a chain of causes and effects that can then be reproduced or prevented in a theoretical model.The Blank Swan is Elie's highly original treatise on the financial markets - presenting a totally revolutionary rethinking of derivative pricing and technology. It is not a diatribe against Nassim Taleb's The Black Swan, but criticises the whole background or framework of predictable and unpredictable events - white and black swans.In this revolutionary book, Elie redefines the components of the models needed to price and trade derivatives, and redefines the actual trading of derivatives and derivative pricing. Most importantly he redefines the market itself against the common perceptions of both orthodox financial theory and the sociology of finance.This book will change the way that we think about options and trade volatility and establishes the missing link between quantitative modelling and the reality of the market.

Buch. Zustand: Neu. The Blank Swan | The End of Probability | Elie Ayache | Buch | [.] I WRITING AND EVENT.1 Writer of The BLANK Swan.1.1 Prediction versus Prescription.1.2 Generalizing Prediction.1.3 The Derivatives Market.2 The Writing of Derivatives.2.1 First Steps on the Surface.2.2 Introducing Contingency.2.3 The Pri | Englisch | 2010 | Wiley | EAN 9780470725221 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu.

Buch. Zustand: Neu. Neuware -October 19th 1987 was a day of huge change for the global finance industry. On this day the stock market crashed, the Nobel Prize winning Black-Scholes formula failed and volatility smiles were born, and on this day Elie Ayache began his career, on the trading floor of the French Futures and Options Exchange. Experts everywhere sought to find a model for this event, and ways to simulate it in order to avoid a recurrence in the future, but the one thing that struck Elie that day was the belief that what actually happened on 19th October 1987 is simply non reproducible outside 19th October 1987 - you cannot reduce it to a chain of causes and effects, or even to a random generator, that can then be reproduced or represented in a theoretical framework. The Blank Swan is Elie's highly original treatise on the financial markets ? presenting a totally revolutionary rethinking of derivative pricing and technology. It is not a diatribe against Nassim Taleb's The Black Swan, but criticises the whole background or framework of predictable and unpredictable events ? white and black swans alike ? , i.e. the very category of prediction. In this revolutionary book, Elie redefines the components of the technology needed to price and trade derivatives. Most importantly, and drawing on a long tradition of philosophy of the event from Henri Bergson to Gilles Deleuze, to Alain Badiou, and on a recent brand of philosophy of contingency, embodied by the speculative materialism of Quentin Meillassoux, Elie redefines the market itself against the common perceptions of orthodox financial theory, general equilibrium theory and the sociology of finance. This book will change the way that we think about derivatives and approach the market. If anything, derivatives should be renamed contingent claims, where contingency is now absolute and no longer derivative, and the market is just its medium. The book also establishes the missing link between quantitative modelling (no longer dependent on probability theory but on a novel brand of mathematics which Elie calls the mathematics of price) and the reality of the market. 496 pp. Englisch.