Forerunners of modern financial economics : a random walk in the history of economic thought, 1900-1950 /

By:

Stabile, Donald

Material type: Text

TextPublication details: Cheltenham, UK ; Northampton, MA, USA : Edward Elgar, c2005.Description: viii, 173 pISBN:

1845421019
9781845421014

Other title:

History of economic thought

Subject(s):

DDC classification:

332.01'5195 STA

LOC classification:

HG176.5 .S724 2005

Summary: This innovative book reveals that, starting around 1900, there were economists in the United States who believed that changes in stock prices could be treated as a random variable to be analyzed with statistical methods, and who used early versions of the efficient markets theory to justify their belief. Although they did not call themselves Bayesians, the author explores how they adhered to a philosophy consistent with Bayesian statistics. A concluding epilogue considers the linkages between the forerunners of modern finance, its innovators and modern successors. An original work in the history of economic thought, Forerunners of Modern Financial Economics will be of great interest to both economists and historians interested in the development of statistical finance and economic thought, as well as to statisticians, financial analysts, and advanced undergraduate and graduate students studying financial economics.

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Holdings
Item type	Current library	Collection	Call number	Copy number	Status	Barcode
Monograph & others	CBN ENUGU BRANCH LIBRARY General Stacks	Non-fiction	332.01'5195 STA (Browse shelf(Opens below))	c. 1	Available	31008100631866
Monograph & others	CBN HQ Library General Stacks	Non-fiction	332.01'5195 STA (Browse shelf(Opens below))	c.1	Available	31008100083704
Monograph & others	CBN HQ Library General Stacks	Non-fiction	332.01'5195 STA (Browse shelf(Opens below))	c.2	Available	31008100083712
Monograph & others	CBN KANO BRANCH LIBRARY General Stacks	Non-fiction	332.01'5195 STA (Browse shelf(Opens below))		Available	31008100652722
Monograph & others	CBN LAGOS LAISON OFFICE LIBRARY General Stacks		332.01'5195 STA (Browse shelf(Opens below))	c.1	Available	31008100701073
Monograph & others	CBN LAGOS LEARNING CENTRE LIBRARY General Stacks	Non-fiction	332.01'5195 STA (Browse shelf(Opens below))		Available	31008100707369

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Previous	332.01'5195 MIL The econometric modelling of financial time series /	332.01'5195 NON Nonlinear financial econometrics :	332.01'5195 SCH Quantitative finance for physicists :	332.01'5195 STA Forerunners of modern financial economics :	332.01'51955 TSA Analysis of financial time series /	332.024'01 AND Andersen on financial planning :	332.024'01 TEM The rules of wealth :	Next

Includes index.

Includes bibliographical references (p. 160-166).

This innovative book reveals that, starting around 1900, there were economists in the United States who believed that changes in stock prices could be treated as a random variable to be analyzed with statistical methods, and who used early versions of the efficient markets theory to justify their belief. Although they did not call themselves Bayesians, the author explores how they adhered to a philosophy consistent with Bayesian statistics. A concluding epilogue considers the linkages between the forerunners of modern finance, its innovators and modern successors. An original work in the history of economic thought, Forerunners of Modern Financial Economics will be of great interest to both economists and historians interested in the development of statistical finance and economic thought, as well as to statisticians, financial analysts, and advanced undergraduate and graduate students studying financial economics.

rpm 16/09/2016

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