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  • The Blank Swan

    The End of Probability

    by Elie Ayache ...
    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 ... Read more

    $46.00 USD

  • The Medium of Contingency 978-1-137-28654-3

    An Inverse View of the Market

    by Elie Ayache ...
    Series series Economics and Finance (R0)
    In The Medium of Contingency Elie Ayache builds upon his ground-breaking book The Blank Swan, in exploring the intersection of philosophy and finance, introducing new notions of price and market. Inverting the received view, he now sees a creation of matter in both the market and its metaphysics, rather than pure speculation.Once recognized as the proper medium of contingency and disassociated ... Read more

    $62.99 USD

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    60th Anniversary Commemorative Edition

    This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic ... Read more

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  • Rational Decisions

    by Ken Binmore ...
    Series series The Gorman Lectures in Economics
    It is widely held that Bayesian decision theory is the final word on how a rational person should make decisions. However, Leonard Savage--the inventor of Bayesian decision theory--argued that it would be ridiculous to use his theory outside the kind of small world in which it is always possible to "look before you leap." If taken seriously, this view makes Bayesian decision theory inappropriate ... Read more

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  • Microeconomic Foundations I

    Choice and Competitive Markets

    A guide to mastering microeconomic theoryMicroeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in deeper and more complete mathematical form than most standard texts provide. The objective is to take the reader from acquaintance with these foundational topics to something closer to mastery of the models and ... Read more

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  • An Introduction to Decision Theory

    Series series Cambridge Introductions to Philosophy
    Now revised and updated, this introduction to decision theory is both accessible and comprehensive, covering topics including decision making under ignorance and risk, the foundations of utility theory, the debate over subjective and objective probability, Bayesianism, causal decision theory, game theory, and social choice theory. No mathematical skills are assumed, with all concepts and results ... Read more

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  • Asset Pricing Theory

    Series series Princeton Series in Finance
    Asset Pricing Theory is an advanced textbook for doctoral students and researchers that offers a modern introduction to the theoretical and methodological foundations of competitive asset pricing. Costis Skiadas develops in depth the fundamentals of arbitrage pricing, mean-variance analysis, equilibrium pricing, and optimal consumption/portfolio choice in discrete settings, but with emphasis on ... Read more

    $75.59 USD

  • Logic of Statistical Inference

    Series series Cambridge Philosophy Classics
    One of Ian Hacking's earliest publications, this book showcases his early ideas on the central concepts and questions surrounding statistical reasoning. He explores the basic principles of statistical reasoning and tests them, both at a philosophical level and in terms of their practical consequences for statisticians. Presented in a fresh twenty-first-century series livery, and including a ... Read more

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  • Lecture Notes in Microeconomic Theory

    The Economic Agent - Second Edition

    Ariel Rubinstein's well-known lecture notes on microeconomics—now fully revised and expandedThis book presents Ariel Rubinstein's lecture notes for the first part of his well-known graduate course in microeconomics. Developed during the fifteen years that Rubinstein taught the course at Tel Aviv University, Princeton University, and New York University, these notes provide a critical assessment of ... Read more

    $39.59 USD

  • Coherent Stress Testing

    A Bayesian Approach to the Analysis of Financial Stress

    Series series The Wiley Finance Series
    In Coherent Stress Testing: A Bayesian Approach, industry expert Riccardo Rebonato presents a groundbreaking new approach to this important but often undervalued part of the risk management toolkit.Based on the author's extensive work, research and presentations in the area, the book fills a gap in quantitative risk management by introducing a new and very intuitively appealing approach to stress ... Read more

    $63.00 USD

  • Probability for Finance

    Series series Mastering Mathematical Finance
    Students and instructors alike will benefit from this rigorous, unfussy text, which keeps a clear focus on the basic probabilistic concepts required for an understanding of financial market models, including independence and conditioning. Assuming only some calculus and linear algebra, the text develops key results of measure and integration, which are applied to probability spaces and random ... Read more

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  • Uncertainty

    The Soul of Modeling, Probability & Statistics

    Series series Mathematics and Statistics (R0)
    This book presents a philosophical approach to probability and probabilistic thinking, considering the underpinnings of probabilistic reasoning and modeling, which effectively underlie everything in data science. The ultimate goal is to call into question many standard tenets and lay the philosophical and probabilistic groundwork and infrastructure for statistical modeling. It is the first book ... Read more

    $98.09 USD