Models. Behaving. Badly.: Why Confusing Illusion With Reality can Lead to Disaster, on Wall Street and in Life [Audiobook] download free by Emanuel Derman

Models. Behaving. Badly.: Why Confusing Illusion With Reality can Lead to Disaster, on Wall Street and in Life Audiobook download free by Emanuel Derman
  • Listen audiobook: Models. Behaving. Badly.: Why Confusing Illusion With Reality can Lead to Disaster, on Wall Street and in Life
  • Author: Emanuel Derman
  • Release date: 2013/7/18
  • Publisher: SIMON & SCHUSTER
  • Language: English
  • Genre or Collection: Business, Finance and Law
  • ISBN: 9781439164990
  • Rating: 8.65 of 10
  • Votes: 608
  • Review by: Epifania Lucas
  • Review rating: 9.43 of 10
  • Review Date: 2018/10/6
  • Duration: 2H54M3S in 256 kbps (46.2 MB)
  • Date of creation of the audiobook: 2018-07-25
  • You can listen to this audiobook in formats: FLAC, WAV, Apple Lossless, MP3, MPEG4, AIFF, WMA (compression TAR.XZ, ISO, ARC, ZIP, RAR)
  • Total pages original book: 231
  • Includes a PDF summary of 23 pages
  • Duration of the summary (audio): 18M (4.6 MB)
  • Description or summary of the audiobook: Now in paperback, 'a compelling, accessible, and provocative piece of work that forces us to question many of our assumptions' (Gillian Tett, author of Fool's Gold). Quants, physicists working on Wall Street as quantitative analysts, have been widely blamed for triggering financial crises with their complex mathematical models. Their formulas were meant to allow Wall Street to prosper without risk. But in this penetrating insider's look at the recent economic collapse, Emanuel Derman-former head quant at Goldman Sachs-explains the collision between mathematical modeling and economics and what makes financial models so dangerous. Though such models imitate the style of physics and employ the language of mathematics, theories in physics aim for a description of reality-but in finance, models can shoot only for a very limited approximation of reality. Derman uses his firsthand experience in financial theory and practice to explain the complicated tangles that have paralyzed the economy. Models.Behaving.Badly. exposes Wall Street's love affair with models, and shows us why nobody will ever be able to write a model that can encapsulate human behavior.
  • Other categories, genre or collection: Econometrics, Mathematical Physics, Finance, Ethics & Moral Philosophy
  • Download servers: Torrent, Uploadable, FileServe, Mediafire, Hotfile. Compressed in TAR.XZ, ISO, ARC, ZIP, RAR
  • Format: Paperback
  • Approximate value: 15.90 USD
  • Dimensions: 141x215x19mm
  • Weight: 209g
  • Printed by: Not Available
  • Published in: United States

Download audiobook in:



Option 0

Option 1

Option 2

Option 3

Option 4

Option 5

Vote:

More audiobooks of 2013

More audiobooks in language English