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Les deux quantifications de la théorie financière. Contribution à une histoire critique des modèles financiers

Abstract : I describe the changes of the financial theory over the long run by using the sociological notion of quantification and by coining a new terminology and framework: the first and second quantifications of this theory. I present an overview of the two quantifications by mirroring them with a stylized elementary market moving towards equilibrium. Then I illustrate the shift resulting from this transformation by describing the way the two quantifications impacted a well-known technique of the traditional finance, the calculation of the present value by discounting future cash flows.
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https://halshs.archives-ouvertes.fr/halshs-01118147
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Submitted on : Thursday, February 19, 2015 - 11:37:24 AM
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  • HAL Id : halshs-01118147, version 1

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Christian Walter. Les deux quantifications de la théorie financière. Contribution à une histoire critique des modèles financiers. 2015. ⟨halshs-01118147⟩

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