Talk on “The Philosophy of Science of Financial Economics” at Second Lake Como Summer School on Economic Behaviours: Models, Measurements, and Policies
In collaboration with Melissa Vergara Fernández (Philosophy, EIPE) and Marta Szymanowska (Finance, RSM). We argue that financial economics should be characterized particularly by its focus on the use of models and by its performative nature. We suggest that the model-based and performative character of financial economics is: (1) visible in the history of its emergence … Read more