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008 141224s2015 enk b 001 0 eng d
010 _a 2014960131
040 _aBTCTA
_beng
_cBTCTA
_dDLC
_dBDX
_dCDX
_dERASA
_dYDXCP
_dGZN
_dUMS
_dGBVCP
_dSINLB
_dFIE
020 _a9780198745112
020 _a0198745117
035 _a(OCoLC)907178328
042 _alccopycat
050 0 0 _aHM548
_b.S587 2015
082 0 4 _a306.3
_223
100 1 _aSmith, Charles W.,
_d1938-
_eauthor.
245 1 0 _aWhat the market teaches us :
_blimitations of knowing and tactics for doing /
_cCharles W. Smith.
250 _aFirst edition.
264 1 _aOxford, United Kingdom :
_bOxford University Press,
_c2015.
300 _aviii, 216 pages ;
_c24 cm.
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references and index.
505 0 _aPart I. Uncertainties in Knowing and Doing -- 1. Knowledge is Fickle -- 2. Stuff Happens -- Part II. Traditional Coping Practices: Denying and Binding, Insulating and Propeling -- 3. Making Sense: Denying and Binding -- 4. Routines and Performances: Insulating and Propelling -- Part III. Acting Sensibly: Eluding Hazards and Grasping Opportunities -- 5. The Essentials of Acting Sensibly: An Overview -- 6. Identifying and Juggling Objectives -- 7. Recognizing Markers -- 8. Utilizing Rules of Thumb -- 9. Adjusting and Correcting One's Course -- 10. Monitoring and Utilizing Escape Routes -- Part IV. Teachings For Tomorrow -- 11. New Teachings of the New Market -- 12. Learning to Act Sensibly by Engaging and Doing.
520 _a"Rather than attempting to explain and predict how 'the Market' functions -a futile endeavor- this book focuses upon the rich teachings that the market offers us for dealing with ambiguities and unexpected and contradictory happenings. These teachings are not intended to master the market, but to sensitize us to the various types of uncertainty that the market and life in general present. Drawing upon years of 'participant-observation' research the book explores the ways people have traditionally tried to 'make sense' out of the inconsistencies and general 'fickleness' of the market. The various market narratives generated by these efforts normally function only to deny the inconsistencies confronted not resolve them. Various market routines are similarly explored and shown only to insulate participants from these market inconsistencies and related unexpected happenings. While both coping practices commonly serve to calm us by denying and insulating us from these uncertainties, they seldom if ever actually resolve them. Fortunately, the market suggests another, less acknowledged coping practice, namely 'acting sensibly'. In this shift from 'knowing' to 'doing', the book explores practices employed in wrestling with the underlying causal forces that generate the bulk of unexpected happenings. This is followed by a closer look at some of the new teachings of the present-day, modern, global market with its numerous new trading instruments, algorithmic trading programs, high frequency trading, and Big Data. This new market is shown to be a hybrid of making sense and acting sensibly as it employs both narratives/accounts and concrete trading transactions. The final chapter uses the market to suggest how we might best learn to cope with these newer types of uncertainties rather than futilely trying to master them. While all of these teachings are presented primarily in the context of the market, they apply equally to a wide range of other social sectors, most of which have themselves become shaped in various degrees by today's market."--
_cProvided by publisher.
650 0 _aEconomics
_xSociological aspects.
650 0 _aMarkets
_xSociological aspects.
650 0 _aCapital market
_xSocial aspects.
650 0 _aUncertainty.
650 0 _aRisk.
650 7 _aKapitalmarkt
_2gnd
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938 _aErasmus Boekhandel
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942 _cBOOK
994 _aZ0
_bSUPMU
948 _hNO HOLDINGS IN SUPMU - 111 OTHER HOLDINGS
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