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Fischer Black and the Revolutionary Idea of Finance | Session 3

Reading Group

Start time:

September 19, 2023 @ 4:00 pm - 5:30 pm

Virtual Project
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EDT

Location:

Online

Type:

Other

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YSI Presenters

Description

This is the last of three sessions on Perry Mehrling's 2005 book Fischer Black and the Revolutionary Idea of Finance.

https://www.amazon.com/Fischer-Black-Revolutionary-Idea-Finance/dp/1118203569/

From Mehrling's Amazon Author Page:

My second book, Fischer Black and the Revolutionary Idea of Finance (Wiley 2005), tells the story of the rise of modern finance, both as a set of ideas and as a set of institutions, that transformed the monetary landscape starting in about 1970.

This week, we discuss chapters 9 through 11 and the epilogue

  • Chapter 9: Changing Fields
  • Chapter 10: What Do Traders Do?
  • Chapter 11: Exploring General Equilibrium
  • Epilogue: Nothing Is Constant

Focus especially on the Epilogue pages 286–291, which discuss "the deeper philosophical bases" of Fischer's intepretation of CAPM.

Attendees

Alex Howlett

Rok Piletic

Marina Clavijo

Shengbei Guo

Ryan Payne

Jorge Zaccaro

Jay Pocklington

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