Physics Envy: A Collection of White Papers Identifying Positive Economics, Optimization, Their Role in the Financial Crisis and Solu

by David Nawrocki and Fred Viole

The authors begin by re-examining utility theory in order to establish a stable foundation to their work in risk quantification and a markets hypothesis. This fresh perspective offers a truly heterodox methodology, abandoning the assumptions economic and financial theory have depended on for decades. Introducing the updated utility theory into post modern portfolio theory has enabled the authors to demonstrate ex ante efficiency, rather than ex post...

• Format: Paperback
• Language: English
• ISBN: 1460933788
• ISBN13: 9781460933787
• Release Date: April 2011
• Publisher: Createspace Independent Publishing Platform
• Length: 200 Pages
• Weight: 1.23 lbs.
• Dimensions: 0.5" x 8.0" x 10.0"