Download the fantastic book titled The End of Theory written by Richard Bookstaber, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "The End of Theory", which was released on 02 April 2019. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of The End of Theory by Richard Bookstaber PDF
An in-depth look at how to account for the human complexities at the heart of today’s financial system Our economy may have recovered from the Great Recession—but not our economics. The End of Theory discusses why the human condition and the radical uncertainty of our world renders the standard economic model—and the theory behind it—useless for dealing with financial crises. What model should replace it? None. At least not any version we’ve been using for the past two hundred years. Richard Bookstaber argues for a new approach called agent-based economics, one that takes as a starting point the fact that we are humans, not the optimizing automatons that standard economics assumes we are. Sweeping aside the historic failure of twentieth-century economics, The End of Theory offers a novel perspective and more realistic framework to help prevent today's financial system from blowing up again.
Detail About The End of Theory PDF
- Author : Richard Bookstaber
- Publisher : Princeton University Press
- Genre : Business & Economics
- Total Pages : 236 pages
- ISBN : 0691191859
- Release Date : 02 April 2019
- PDF File Size : 43,8 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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