Response to Johnson: A random sample versus the radical event

Timothy Johnson's working hypothesis in his review of my latest book, The Medium of Contingency, is that I (as well as the ‘quants’ involved in the derivative pricing industry) do not understand the foundations of abstract probability theory. In this response, I show that this is not the case....

Full description

Bibliographic Details
Main Author: Elie Ayache
Format: Article
Language:English
Published: Cambridge University Press 2016-01-01
Series:Finance and Society
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S2059599900000340/type/journal_article