LEADER 03170nam 2200637 450 001 9910830238603321 005 20230725025434.0 010 $a0-470-66176-3 010 $a1-119-20635-9 010 $a1-282-88880-3 010 $a9786612888809 010 $a0-470-66012-0 035 $a(CKB)2670000000055767 035 $a(EBL)564989 035 $a(OCoLC)682614025 035 $a(SSID)ssj0000412977 035 $a(PQKBManifestationID)12121379 035 $a(PQKBTitleCode)TC0000412977 035 $a(PQKBWorkID)10370434 035 $a(PQKB)11052689 035 $a(MiAaPQ)EBC564989 035 $a(EXLCZ)992670000000055767 100 $a20160805h20102010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe blank swan $ethe end of probability /$fElie Ayache 210 1$aWest Sussex, England :$cWiley,$d2010. 210 4$dİ2010 215 $a1 online resource (498 p.) 300 $aDescription based upon print version of record. 311 $a0-470-72522-2 320 $aIncludes bibliographical references and index. 327 $aThe BLANK Swan; Contents; Introduction; PART I WRITING AND EVENT; 1 Writer of The BLANK Swan; 2 The Writing of Derivatives; 3 The Event of the Market; 4 Writing and the Market; PART II ABSOLUTE CONTINGENCY AND THE RETURN OF SPECULATION; 5 The Necessity of Contingency; 6 Passage to the Future; 7 Necessity of the Future; 8 Necessity of Writing; PART III FLIGHT TO SYDNEY, OR THE GENESIS OF THE BOOK; 9 The Mathematics of Price; 10 Barton Fink; 11 The Narrative Adventure; 12 Out of the Box; 13 The Prestige; 14 The Geographical Process 327 $aPART IV CONVERSION OF CREDIT INTO EQUITY, OR THE GENESIS OF THE MARKET15 History of the Market; 16 From Debt to Equity; 17 The Market and the Philosophy of Difference; 18 Future of the Market; 19 Appendix 1 The Logic and Mathematics of Regime Switching; 20 Appendix 2 From 'Being and Time' to 'Being and Place' with Jeff Malpas; Bibliography; Index 330 $aOctober 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 ou 606 $aOptions (Finance) 606 $aDerivative securities$xPrices 606 $aCapital market 615 0$aOptions (Finance) 615 0$aDerivative securities$xPrices. 615 0$aCapital market. 676 $a332.632 676 $a332.64/5 676 $a332.645 686 $aQK 660$2rvk 700 $aAyache$b Elie$01298889 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910830238603321 996 $aThe blank swan$94102138 997 $aUNINA