Response to Johnson: A random sample versus the radical event

Timothy Johnson’s working hypothesis in his review of my latest book, The Medium of Contingency, is that I (as well as the ‘quants’ involved in the derivative pricing industry) do not understand the foundations of abstract probability theory. In this response, I show that this is not the case. On th...

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Bibliographic Details
Main Author: Elie Ayache
Format: Article
Language:English
Published: University of Edinburgh 2016-12-01
Series:Finance and Society
Online Access:http://financeandsociety.ed.ac.uk/article/view/1734