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. How had our models so utterly failed us?

Virtually every day, we make wagers on the future - but, even when we're not driven by factors entirely beyond our conscious control, the maps by which we are steering are often out-of-date. The Map and the Territory is an important attempt to update our forecasting conceptual grid using twenty-first-century technologies, offering a lucid and empirical grounding in what we can know about economic forecasting and what we can't.

The Map and the Territory 2.0: Risk, Human Nature, and the Future of Forecasting

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Paperback / softback by Alan Greenspan

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Like all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of 2008 to question... Read more

    Publisher: Penguin Books Ltd
    Publication Date: 28/10/2014
    ISBN13: 9780141978130, 978-0141978130
    ISBN10: 0141978139

    Number of Pages: 432

    Non Fiction , Business, Finance & Law

    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. How had our models so utterly failed us?

    Virtually every day, we make wagers on the future - but, even when we're not driven by factors entirely beyond our conscious control, the maps by which we are steering are often out-of-date. The Map and the Territory is an important attempt to update our forecasting conceptual grid using twenty-first-century technologies, offering a lucid and empirical grounding in what we can know about economic forecasting and what we can't.

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