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008			060425s2006 maua b 001 0 eng d
010			_a 2005052115
011			_aBIB MATCHES WORLDCAT
020			_a0262134608
020			_a9780262134606
035			_a(ATU)b11590634
035			_a(OCoLC)61278675
035			_a(DLC) 2005052115
040			_aDLC _beng _erda _dATU
042			_apcc
050	0	0	_aHG4523 _b.M24 2006
082	0	0	_a332.015195 _222
100	1		_aMacKenzie, Donald A., _eauthor. _91024519
245	1	3	_aAn engine, not a camera : _bhow financial models shape markets / _cDonald MacKenzie.
264		1	_aCambridge, Mass. : _bMIT Press, _c[2006]
264		4	_c©2006
300			_ax, 377 pages : _billustrations ; _c24 cm.
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
490	1		_aInside technology
504			_aIncludes bibliographical references and index.
505	0	0	_g1. _tPerforming theory? -- _g2. _tTransforming finance -- _g3. _tTheory and practice -- _g4. _tTests, anomalies, and monsters -- _g5. _tPricing options -- _g6. _tPits, bodies, and theorems -- _g7. _tThe fall -- _g8. _tArbitrage -- _g9. _tModels and markets -- _gApp. A. _tAn example of Modigliani and Miller's "Arbitrage proof" of the irrelevance structure to total market value -- _gApp. B. _tLevy Distributions -- _gApp. C. _tSprenkle's and Kassouf's equations for warrant prices -- _gApp. D. _tThe Black-Scholes equation for a European option on a non-dividend-bearing stock -- _gApp. E. _tPricing options in a binomial world -- _gApp. F. _tRepo, haircuts, and reverse repo -- _gApp. G. _tA typical swap-spread arbitrage trade.
520	1		_a"In An Engine, Not a Camera, Donald MacKenzie argues that the emergence of modern economic theories of finance affected financial markets in fundamental ways. These new, Nobel Prize-winning theories, based on elegant mathematical models of markets, were not simply external analyses but intrinsic parts of economic processes." "MacKenzie examines the role played by finance theory in the two most serious crises to hit the world's financial markets in recent years: the stock market crash of 1987 and the market turmoil that engulfed the hedge fund Long-Term Capital Management in 1998. He also looks at finance theory that is somewhat beyond the mainstream - chaos theorist Benoit Mandelbrot's model of "wild" randomness. MacKenzie's pioneering work in the social studies of finance will interest anyone who wants to understand how America's financial markets have grown into their current form."--BOOK JACKET.
588			_aMachine converted from AACR2 source record.
650		0	_aCapital market _xMathematical models _9717620
650		0	_aDerivative securities _xMathematical models _9370820
650		0	_aFinancial crises _xMathematical models _9718197
650		0	_aFinancial crises _vCase studies _9729399
830		0	_aInside technology. _91039673
907			_a.b11590634 _b03-10-17 _c27-10-15
942			_cB
945			_a332.015195 MAC _g1 _iA469185B _j0 _lcmain _o- _p$49.20 _q- _r- _s- _t0 _u1 _v0 _w0 _x0 _y.i12941955 _z29-10-15
998			_ab _ac _b06-04-16 _cm _da _feng _gmau _h3
999			_c1201992 _d1201992