IDEAS home Printed from https://ideas.repec.org/h/pal/qpochp/978-1-137-54464-3_18.html
   My bibliography  Save this book chapter

Finance as a Romance of Many Moments and Plural Views

In: Postmodern Portfolio Theory

Author

Listed:
  • James Ming Chen

    (Michigan State University)

Abstract

The postmodern revival of portfolio theory is the story of an intellectual discipline coming to embrace the richness of economic accounts transcending its origins in austerely beautiful but excessively rigid mathematical models. Quantitative risk management harmonizes the making of policy in a wide range of domains, from the regulation of systemically important financial institutions to natural disaster prevention, mitigation, and recovery. Postmodern portfolio theory exploits the full range of sophisticated quantitative methods known in contemporary finance. Perhaps as importantly, postmodern portfolio theory acknowledges its own methodological limits. Comprehensive understanding of these tools, from their origins in early modern finance through contemporary postmodern critiques, places quantitative finance on the efficient frontier of risk management.

Suggested Citation

  • James Ming Chen, 2016. "Finance as a Romance of Many Moments and Plural Views," Quantitative Perspectives on Behavioral Economics and Finance, in: Postmodern Portfolio Theory, chapter 0, pages 327-329, Palgrave Macmillan.
    • Handle: RePEc:pal:qpochp:978-1-137-54464-3_18
    DOI: 10.1057/978-1-137-54464-3_18
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:qpochp:978-1-137-54464-3_18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.