Dommages et intérêt de la spéculation
Nicolas Bouleau ()
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Nicolas Bouleau: CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique
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Abstract:
If you think that some highly mathematized part of the economic literature published in major journals and widely cited, however, is false, you can turn away considering that this tentative is not convincing and does not deserve to be treated in textbooks or courses. But when you see that it is still again and again quoted and used as an argument based on its highly mathematical character to justify questionable practices, you became convinced that complete clarity is really needed on this issue . This is the way that is followed here. This monograph is a rigorous dismantling of the concept of market efficiency for a non-specialist reader but demanding. The approach is to re-route the intellectual ambition behind this notion of being a bridge between the proper allocation of resources and certain mathematical situations. The verdict of this investigation invites to reflect on the consequences of the financial markets on the environment.
Keywords: efficiency; sigma-field; price signal; efficience; information; sigma-algèbre; signal-prix (search for similar items in EconPapers)
Date: 2013-05-17
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00823520v1
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Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:halshs-00823520
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