The map and the territory 2.0 : risk, human nature, and the future of forecasting
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Bibliographic Information
The map and the territory 2.0 : risk, human nature, and the future of forecasting
(Penguin economics)(Penguin books)
Penguin Books, 2014
Rev. ed
- : pbk
- Other Title
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The map and the territory : risk, human nature, and the future of forecasting
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Note
"First published in the United States of America by The Penguin Press,...2013","First published in Great Britain by Allen Lane, 2013"--T.p. verso
Includes bibliographical notes (p. 377-407) and index
Description and Table of Contents
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when we're not driven by factors entirely beyond our conscious control, the maps by which we are steering are often out-of-date.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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