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