The Medium of Contingency

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Author :
Publisher : MIT Press
ISBN 13 : 0993045898
Total Pages : 0 pages
Book Rating : 4.9/5 (93 download)

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Book Synopsis The Medium of Contingency by : Robin Mackay

Download or read book The Medium of Contingency written by Robin Mackay and published by MIT Press. This book was released on 2015-09-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An unprecedented meeting of philosophical thought, financial markets, and the art world. Why has the concept of contingency taken on a marked importance both in contemporary philosophy and in contemporary art practice? And if this simultaneity derives from parallel problems met within the two different fields, what are their common roots? Beyond acknowledging the contingent nature of tradition, institutions, and practices, recent speculative philosophies of “absolute contingency” demand a radical revision of the ways in which we conceive of our interaction with unknowable materialities, and pose a challenge to both probabilistic management and process-driven affirmation of contingency. In an unprecedented meeting of philosophical thought, financial markets, and the art world, The Medium of Contingency explores how works of art write contingency into the present, and are in turn written by the contingency of their materials, and how these exchanges interact with other markets. From the mathematical instruments used to value financial derivatives to the nature of literary creation, from the market-making role of the curator to the “chemistry of openness,” the contributors to this lively discussion draw out the startling consequences of a new figure of thought.

The Medium of Contingency

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Author :
Publisher : Springer
ISBN 13 : 1137286563
Total Pages : 414 pages
Book Rating : 4.1/5 (372 download)

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Book Synopsis The Medium of Contingency by : Elie Ayache

Download or read book The Medium of Contingency written by Elie Ayache and published by Springer. This book was released on 2016-06-15 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Medium of Contingency Elie Ayache builds upon his ground-breaking book The Blank Swan, in exploring the intersection of philosophy and finance, introducing new notions of price and market. Inverting the received view, he now sees a creation of matter in both the market and its metaphysics, rather than pure speculation. Once recognized as the proper medium of contingency and disassociated from the probabilistic and statistical tools traditionally used to model it, the market can be thought as 'real', in a new sense of reality corresponding to the new sense of matter. To bring this new and original perspective, The Medium of Contingency builds on probability theory as first formalized by von Mises and Kolmogorov, and later revisited by Shafer and Vovk. It utilises the author's extensive experience in derivatives pricing technology and software, as well as his work in the philosophy of contingency and contingent claims, to propose a new philosophical interpretation of Brownian motion and of the Black-Scholes-Merton formula. Then it completes the overturning of the traditional view of the market by arguing that there should be no difference, ultimately, between an underlying asset and the derivative written on it. This book does not aim to change the market but the way we must think of it. It is the author's conviction that there can be no philosophy of the market, and consequently no thinking of it, without a philosophy of contingent claims and of derivative pricing. The book provides the missing piece, which the philosophy of probability cannot provide alone. Its scope, however, extends beyond the strict critique of financial mathematics, as it also, and perhaps most importantly, delivers the author's definitive treatment of the philosophically prominent and recently much discussed notion of contingency.

The Blank Swan

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470725222
Total Pages : 501 pages
Book Rating : 4.4/5 (77 download)

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Book Synopsis The Blank Swan by : Elie Ayache

Download or read book The Blank Swan written by Elie Ayache and published by John Wiley & Sons. This book was released on 2010-05-17 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: October 19th 1987 was a day of huge change for the global finance industry. On this day the stock market crashed, the Nobel Prize winning Black-Scholes formula failed and volatility smiles were born, and on this day Elie Ayache began his career, on the trading floor of the French Futures and Options Exchange. Experts everywhere sought to find a model for this event, and ways to simulate it in order to avoid a recurrence in the future, but the one thing that struck Elie that day was the belief that what actually happened on 19th October 1987 is simply non reproducible outside 19th October 1987 - you cannot reduce it to a chain of causes and effects, or even to a random generator, that can then be reproduced or represented in a theoretical framework. The Blank Swan is Elie's highly original treatise on the financial markets presenting a totally revolutionary rethinking of derivative pricing and technology. It is not a diatribe against Nassim Taleb's The Black Swan, but criticises the whole background or framework of predictable and unpredictable events white and black swans alike , i.e. the very category of prediction. In this revolutionary book, Elie redefines the components of the technology needed to price and trade derivatives. Most importantly, and drawing on a long tradition of philosophy of the event from Henri Bergson to Gilles Deleuze, to Alain Badiou, and on a recent brand of philosophy of contingency, embodied by the speculative materialism of Quentin Meillassoux, Elie redefines the market itself against the common perceptions of orthodox financial theory, general equilibrium theory and the sociology of finance. This book will change the way that we think about derivatives and approach the market. If anything, derivatives should be renamed contingent claims, where contingency is now absolute and no longer derivative, and the market is just its medium. The book also establishes the missing link between quantitative modelling (no longer dependent on probability theory but on a novel brand of mathematics which Elie calls the mathematics of price) and the reality of the market.

Bank Contingency Financing

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 9780471608943
Total Pages : 250 pages
Book Rating : 4.6/5 (89 download)

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Book Synopsis Bank Contingency Financing by : Andrew J. Zamora

Download or read book Bank Contingency Financing written by Andrew J. Zamora and published by John Wiley & Sons. This book was released on 1991-01-16 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, banks have greatly increased their reliance on contingency financing. Shows bankers how to minimize their risk and maximize their profits when dealing in these new markets. Contingency items (also called off-balance-sheet items) are agreements made by banks in which, for a fee, the bank undertakes to act as an intermediary, guaranteeing a transaction between other parties. Zamora explains the various types of contingency financing, including swap transactions, forward rate agreements, bankers' acceptances, and standby letters of credit. Each topic is illustrated with a case study. covers all aspects of contingency financing and places them in the context of the bank's overall financial structure.

Recursivity and Contingency

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 1786600544
Total Pages : 288 pages
Book Rating : 4.7/5 (866 download)

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Book Synopsis Recursivity and Contingency by : Yuk Hui

Download or read book Recursivity and Contingency written by Yuk Hui and published by Rowman & Littlefield. This book was released on 2019-01-28 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an investigation of algorithmic contingency and an elucidation of the contemporary situation that we are living in: the regular arrival of algorithmic catastrophes on a global scale. Through a historical analysis of philosophy, computation and media, this book proposes a renewed relation between nature and technics.

The Divine Vision of Dante's Paradiso

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Publisher : Cambridge University Press
ISBN 13 : 1009036971
Total Pages : 325 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis The Divine Vision of Dante's Paradiso by : William Franke

Download or read book The Divine Vision of Dante's Paradiso written by William Franke and published by Cambridge University Press. This book was released on 2021-08-19 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Canto XVIII of Paradiso, Dante sees thirty-five letters of Scripture - LOVE JUSTICE, YOU WHO RULE THE EARTH - 'painted' one after the other in the sky. It is an epiphany that encapsulates the Paradiso, staging its ultimate goal - the divine vision. This book offers a fresh, intensive reading of this extraordinary passage at the heart of the third canticle of the Divine Comedy. While adapting in novel ways the methods of the traditional lectura Dantis, William Franke meditates independently on the philosophical, theological, political, ethical, and aesthetic ideas that Dante's text so provocatively projects into a multiplicity of disciplinary contexts. This book demands that we question not only what Dante may have meant by his representations, but also what they mean for us today in the broad horizon of our intellectual traditions and cultural heritage.

Critical Theories Of Mass Media: Then And Now

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Author :
Publisher : McGraw-Hill Education (UK)
ISBN 13 : 0335218113
Total Pages : 263 pages
Book Rating : 4.3/5 (352 download)

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Book Synopsis Critical Theories Of Mass Media: Then And Now by : Taylor, Paul

Download or read book Critical Theories Of Mass Media: Then And Now written by Taylor, Paul and published by McGraw-Hill Education (UK). This book was released on 2007-12-01 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract:

The Handbook of the Psychology of Communication Technology

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118426622
Total Pages : 600 pages
Book Rating : 4.1/5 (184 download)

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Book Synopsis The Handbook of the Psychology of Communication Technology by : S. Shyam Sundar

Download or read book The Handbook of the Psychology of Communication Technology written by S. Shyam Sundar and published by John Wiley & Sons. This book was released on 2015-01-20 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of the Psychology of Communication Technology offers an unparalleled source for seminal and cutting-edge research on the psychological aspects of communicating with and via emergent media technologies, with leading scholars providing insights that advance our knowledge on human-technology interactions. • A uniquely focused review of extensive research on technology and digital media from a psychological perspective • Authoritative chapters by leading scholars studying psychological aspects of communication technologies • Covers all forms of media from Smartphones to Robotics, from Social Media to Virtual Reality • Explores the psychology behind our use and abuse of modern communication technologies • New theories and empirical findings about ways in which our lives are transformed by digital media

Media Ecologies of Literature

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Publisher : Bloomsbury Publishing USA
ISBN 13 : 1501383892
Total Pages : 233 pages
Book Rating : 4.5/5 (13 download)

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Book Synopsis Media Ecologies of Literature by : Susanne Bayerlipp

Download or read book Media Ecologies of Literature written by Susanne Bayerlipp and published by Bloomsbury Publishing USA. This book was released on 2022-11-03 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the media ecologies of literature – the ways in which a literary text is interwoven in its material, technical, performative, praxeological, affective, and discursive network and which determine how it is experienced and interpreted. Through novel approaches to the complex, contingent and interdependent environments of literature, this volume demonstrates how questions about the mediality of literature – particularly in the wake of digitization – shed a new light on our understanding of textuality, reading, platforms and reception processes. By drawing on recent developments in advanced media theory, Media Ecologies of Literature emphasizes the productivity of innovative re-conceptualizations of literature as a medium in its own right. In an intentionally wide historical scope, the essays engage with literary texts from the Romantic to the contemporary period, from Charlotte Smith and Oscar Wilde to A. L. Kennedy and Mark Z. Danielewski, from the traditionally printed novel to audiobooks and reading apps.

The Oxford Handbook of Credit Derivatives

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Publisher : Oxford University Press
ISBN 13 : 0199546789
Total Pages : 704 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis The Oxford Handbook of Credit Derivatives by : Alexander Lipton

Download or read book The Oxford Handbook of Credit Derivatives written by Alexander Lipton and published by Oxford University Press. This book was released on 2011-01-27 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a timely discussion of the mathematical modelling that underpins both credit derivatives and securitisation. It covers statistical analysis and techniques, modelling of default of both single and multiple entities, counterparty risk, Gaussian and non-Gaussian modelling, and securitisation.

A Medium Seen Otherwise

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Publisher : Oxford University Press
ISBN 13 : 0190057769
Total Pages : 281 pages
Book Rating : 4.1/5 (9 download)

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Book Synopsis A Medium Seen Otherwise by : Roger Hallas

Download or read book A Medium Seen Otherwise written by Roger Hallas and published by Oxford University Press. This book was released on 2023 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Having undergone profound material, aesthetic, and institutional transformations since the arrival of digital technologies, photography and film frequently intersect in the processes of convergence (the shared technological basis of diverse media in digital code) and remediation (the mutual reshaping of old and new media). However, the foundational relations between film and photography have a long history extending well back into the nineteenth century. This history includes many acclaimed practitioners who have worked in both media, such as Albert Kahn, Helen Levitt, Agnès Varda, Chris Marker, Robert Frank, Wim Wenders, Abbas Kiarostami, and Fiona Tan, but it also involves a range of intermedial forms that combine elements of both media, such as the film still, the film photonovel, and the photofilm. These hybrid forms were long neglected critically because they were considered marginal forms of paratextuality or deviations from medium specificity-the idea that a medium must be deployed according to its own specific capacities compared to other media"--

Beginning Research in the Arts Therapies

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Publisher : Jessica Kingsley Publishers
ISBN 13 : 1853028851
Total Pages : 257 pages
Book Rating : 4.8/5 (53 download)

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Book Synopsis Beginning Research in the Arts Therapies by : Gary Ansdell

Download or read book Beginning Research in the Arts Therapies written by Gary Ansdell and published by Jessica Kingsley Publishers. This book was released on 2001-01-01 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors hold your hand and give you plenty of hints and tips while you prepare your funding proposal or research project. They help you think about your title, structure your research questions and aims, and prepare to collect, organize and analyze your research data. This book makes arts therapies research fun and absorbing.

Real-Time Stability in Power Systems

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Publisher : Springer Science & Business Media
ISBN 13 : 9780387256269
Total Pages : 360 pages
Book Rating : 4.2/5 (562 download)

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Book Synopsis Real-Time Stability in Power Systems by : Savu C. Savulescu

Download or read book Real-Time Stability in Power Systems written by Savu C. Savulescu and published by Springer Science & Business Media. This book was released on 2006 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the wave of blackouts that affected US, UK and mainland Europe utilities in 2003 and 2004, renewed attention has been focused on maintaining the highest level of reliability and security in the operation of power systems. The lack of adequate transmission infrastructure as well as real-time tools aimed at detecting and alarming system conditions have also been highlighted. In this context, the need to assess stability and predict the risk of blackout in real-time has become particularly relevant. Early work in this field documented in technical papers published throughout the 1990s and early 2000s underlined the importance of performing stability assessment in real-time. While static security assessment is conceptually straightforward, innovative approaches are needed to combine it with dynamic security assessment to develop an overall scheme so that results can be used for on-line decision-making. On October 13, 2004, the IEEE Power Systems Conference and Exposition 2004 hosted the ‘Real-Time Stability Challenge’ panel session. Organized by the Power System Dynamic Performance Committee, the panel was a forum for presenting progress achieved in this field, discussing new ideas, and identifying the challenges to be met in the course of future research. Real-Time Stability in Power Systems: Techniques for Early Detection of the Risk of Blackout is built around most of the panel papers, updated and expanded by the authors with the new material relevant to the panel theme. The chapters are contributed by well known experts in the field, thus providing an authoritative reference on the theory and implementation of real-time stability assessment -- one of the critical topics of the day. Some of the issues discussed in the book include, but are not limited to: *Stability limits and how to objectively define them, *Techniques for defining and measuring the distance to instability, *The characterization of the risk of blackout, *Discussion of quick, approximate methods to filter out non-critical contingencies and do a detailed simulation only of those that result in limit violations, *Theoretical description and practical experience with real-time and/or near real-time stability applications available today in the SCADA/EMS industry.

Integrated Marketing Communications

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Author :
Publisher : Routledge
ISBN 13 : 0750619236
Total Pages : 372 pages
Book Rating : 4.7/5 (56 download)

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Book Synopsis Integrated Marketing Communications by : Tony Yeshin

Download or read book Integrated Marketing Communications written by Tony Yeshin and published by Routledge. This book was released on 1998 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integrated Marketing Communications is a new interpretation of one of the most difficult areas in marketing. The author, using his extensive teaching experience, provides students with an invaluable understanding of marketing communications.

Contingency and Natural Order in Early Modern Science

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Publisher : Springer
ISBN 13 : 3319673785
Total Pages : 343 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Contingency and Natural Order in Early Modern Science by : Pietro Daniel Omodeo

Download or read book Contingency and Natural Order in Early Modern Science written by Pietro Daniel Omodeo and published by Springer. This book was released on 2019-09-09 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume considers contingency as a historical category resulting from the combination of various intellectual elements – epistemological, philosophical, material, as well as theological and, broadly speaking, intellectual. With contributions ranging from fields as diverse as the histories of physics, astronomy, astrology, medicine, mechanics, physiology, and natural philosophy, it explores the transformation of the notion of contingency across the late-medieval, Renaissance, and the early modern period. Underpinned by a necessitated vision of nature, seventeenth century mechanism widely identified apparent natural irregularities with the epistemological limits of a certain explanatory framework. However, this picture was preceded by, and in fact emerged from, a widespread characterization of contingency as an ontological trait of nature, typical of late-Scholastic and Renaissance science. On these bases, this volume shows how epistemological categories, which are preconditions of knowledge as “historically-situated a priori” and, seemingly, self-evident, are ultimately rooted in time. Contingency is intrinsic to scientific practice. Whether observing the behaviour of a photon, diagnosing a patient, or calculating the orbit of a distant planet, scientists face the unavoidable challenge of dealing with data that differ from their models and expectations. However, epistemological categories are not fixed in time. Indeed, there is something fundamentally different in the way an Aristotelian natural philosopher defined a wonder or a “monstrous” birth as “contingent”, a modern scientist defines the unexpected result of an experiment, and a quantum physicist the behavior of a photon. Although to each inquirer these instances appeared self-evidently contingent, each also employs the concept differently.

Philosophia naturalis

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Author :
Publisher :
ISBN 13 :
Total Pages : 708 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis Philosophia naturalis by :

Download or read book Philosophia naturalis written by and published by . This book was released on 2002 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Sourcebook for Political Communication Research

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1135891052
Total Pages : 606 pages
Book Rating : 4.1/5 (358 download)

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Book Synopsis Sourcebook for Political Communication Research by : Erik P. Bucy

Download or read book Sourcebook for Political Communication Research written by Erik P. Bucy and published by Taylor & Francis. This book was released on 2010-12-20 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Sourcebook for Political Communication Research offers a comprehensive resource for current research methods, measures, and analytical techniques. The contents herein cover the major analytical techniques used in political communication research, including surveys, experiments, content analysis, discourse analysis (focus groups and textual analysis), network and deliberation analysis, comparative study designs, statistical analysis, and measurement issues. It also includes such innovations as the use of advanced statistical techniques, and addresses digital media as a means through which to disseminate as well as study political communication. It considers the use of methods adapted from other disciplines, such as psychology, sociology, and neuroscience. With contributions from many of the brightest scholars working in the area today, the Sourcebook is a benchmark volume for research, presenting analytical techniques and investigative frameworks for researching political communication. As such, it is a must-have resource for students and researchers working and studying activity in the political sphere.