An engine, not a camera : how financial models shape markets
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
Case studies
1 online resource (x, 377 pages) : illustrations
9780262278805, 9781423774488, 9780262250047, 9780262633673, 9780262134606, 0262278804, 1423774485, 0262250047, 0262633671, 0262134608
69662285
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