Mathematics and Economics

(Michael S) #1
Three Leading Questions

Three Leading Doubts: Details ctd.


Probability?
Option Pricing based on probability theory assumptionsisextremely
successful
some blame mathematicians for financial crisis – nonsense, but
does probability theory apply to single events like
“Greece is going bankrupt in 2012”
“SF Giants win the World Series”
“med–in–Form in Bielefeld wird profitabel”
Ellsberg experiments
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