The Map and the Territory
Risk, Human Nature, and the Future of Forecasting
|Publication Date:||Oct 2013|
| Publisher:||Penguin Publishing Group|
| Imprint:||Penguin Press HC, The|
| Book Format:||Hardback|
|List Price:||USD $36.00|
| Book Description: |
Like all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of 2008 to question some fundamental assumptions about risk management and economic forecasting. No one with any meaningful role in economic decision making in the world saw beforehand the storm for what it was. How had our models so utterly failed us?
To answer this question, Alan Greenspan embarked on a rigorous and far-reaching multiyear examination of how Homo economicus predicts the...