Ekaterina Svetlova
Dados Biográficos
| ID | 372070 |
|---|---|
| NOME | Ekaterina Svetlova |
| PRENOMES | Ekaterina |
| SOBRENOME | Svetlova |
| ASSINATURA | SVETLOVA E |
| AFILIAÇÕES | University of Twente |
| ORCID | 0000-0002-8400-3465 |
| VERIFICADO | Sim |
| TOTAL DE OBRAS | 14 |
| TOTAL DE CITAÇÕES | 73 |
| TOTAL COMO AUTOR | 14 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 2008 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2026 |
| ÍNDICE H | 4 |
The end of theory? AI and ignorance in financial markets
AI’s growing role in finance challenges traditional expectations of transparency and theoretical understanding. While machine learning (ML) models enhance financial decision-making, they remain largely agnostic to established financial theories, producing knowledge and ignorance in ways that differ from traditional models like VaR, DCF, and Black-Scholes. This essay explores the decoupling of AI models from theoretical financial knowledge and the…
The political ecology of asset manager capitalism and the harmful fiction of universal ownership
Corporate risk reporting about Brexit as political communication
How can we account for differences in the extent of risk disclosure among companies? The paper expands the existing explanations by claiming that corporate risk reporting is not just financial but also political communication. The presented empirical analysis of how corporations disclose Brexit-related uncertainties suggests that risk reporting is a part of a company’s holistic conversation with multiple audiences in society (e.g. politicians, re…
AI meets narratives
This article presents contemporary concepts of economic beliefs in economics and sociology: (a) behavioural accounts; (b) learning; (c) narrative approaches; and (d) Science and Technology Studies-inflected integrative accounts. The review argues that cutting-edge research on expectations in both disciplines has paid insufficient attention to the fact that human agents are supported and partly substituted by modern technology while forming their …
Banking and financial history today
Chains of Finance
Investment is no longer a matter of individual savers directly choosing which shares or bonds to buy. Rather, most of their money flows through a ‘chain’: an often extended sequence of intermediaries. What goes on in that chain is of huge importance: the world’s investment managers, who are now almost as well paid as top bankers, control assets equivalent in value to around a year of total global economic output. In Chains of Finance , five socia…
Trapped in Resistance
Chapter 7 reports the attempts of a network of French pensions’ trustees to force a US-based automotive company to allow trade unions in its Mississippi plants. To trigger practice change, trustees convened a meeting that gathered several actors belonging to or impacted by the investment chain that linked the trustees to the Mississippi employees of the company, in one way or another. The web of the connections that linked these actors to each ot…
Einleitung
Decision-theoretic approaches to non-knowledge in economics
This chapter provides an overview of conceptual approaches to incorporate a decision maker’s non-knowledge into economic theory. It focuses on the kind of non-knowledge which one considers to be one of the most important for economic discussions: non-knowledge of possible consequence-relevant uncertain events which a decision maker would have to take into account when selecting between different strategies. Possibility as a measure of subjective …
Models at Work-Models in Decision Making
In recent years, research on modeling in both the philosophy of science and the social studies of science and technology has undergone an acute transformation. Philosophers and social scientists have begun to realize that science, in the words of Carrier and Nordmann, has increasingly shifted its focus from "epistemic or truth-oriented" research to "application-dominated" research. "Science is viewed today as an essentially practical endeavor" (C…
De-idealization by commentary
Talking about the crisis
The paper examines how discourses about the financial crisis were constructed in 2007 and the first half of 2008 in various Swiss and German banks. Based on ethnographic materials, this paper analyses the organisation of discussions and presentations about the future in financial institutions and argues that such analysis can contribute significantly to our understanding of global ignorance before and during the crisis. Forecasting discourses are…
On the performative power of financial models
Financial models vary according to their ability to shape markets. This ability depends on the way models are used in institutional settings. In contrast to the prevalent view that involvement in organizational practices almost automatically makes models performative, this paper argues that institutional design might obstruct potential model performativity. This crucial issue determines whether models are strongly or only ‘generically’ or ‘effect…
Sinnstiftung in der Ökonomik
Dieses Buch richtet sich an alle, die über die Grenzen der Reichweite zentraler ökonomischer Konzepte reflektieren wollen. Die stark formalisierte Ökonomie vernachlässigt die soziale Perspektive wirtschaftlichen Handelns - und kann deshalb Phänomene wie die Entstehung von Märkten, Kooperation, Vertrauen oder Innovation nicht ausreichend erklären. Die hier vorgestellten sozialen Sinnkonzepte aus der Philosophie und Soziologie eröffnen neue Sichtwe…
On the performative power of financial models
Financial models vary according to their ability to shape markets. This ability depends on the way models are used in institutional settings. In contrast to the prevalent view that involvement in organizational practices almost automatically makes models performative, this paper argues that institutional design might obstruct potential model performativity. This crucial issue determines whether models are strongly or only ‘generically’ or ‘effect…
Models at Work-Models in Decision Making
In recent years, research on modeling in both the philosophy of science and the social studies of science and technology has undergone an acute transformation. Philosophers and social scientists have begun to realize that science, in the words of Carrier and Nordmann, has increasingly shifted its focus from "epistemic or truth-oriented" research to "application-dominated" research. "Science is viewed today as an essentially practical endeavor" (C…
De-idealization by commentary
AI meets narratives
This article presents contemporary concepts of economic beliefs in economics and sociology: (a) behavioural accounts; (b) learning; (c) narrative approaches; and (d) Science and Technology Studies-inflected integrative accounts. The review argues that cutting-edge research on expectations in both disciplines has paid insufficient attention to the fact that human agents are supported and partly substituted by modern technology while forming their …
Talking about the crisis
The paper examines how discourses about the financial crisis were constructed in 2007 and the first half of 2008 in various Swiss and German banks. Based on ethnographic materials, this paper analyses the organisation of discussions and presentations about the future in financial institutions and argues that such analysis can contribute significantly to our understanding of global ignorance before and during the crisis. Forecasting discourses are…
The political ecology of asset manager capitalism and the harmful fiction of universal ownership
Sinnstiftung in der Ökonomik
Dieses Buch richtet sich an alle, die über die Grenzen der Reichweite zentraler ökonomischer Konzepte reflektieren wollen. Die stark formalisierte Ökonomie vernachlässigt die soziale Perspektive wirtschaftlichen Handelns - und kann deshalb Phänomene wie die Entstehung von Märkten, Kooperation, Vertrauen oder Innovation nicht ausreichend erklären. Die hier vorgestellten sozialen Sinnkonzepte aus der Philosophie und Soziologie eröffnen neue Sichtwe…
Talking about the crisis
The paper examines how discourses about the financial crisis were constructed in 2007 and the first half of 2008 in various Swiss and German banks. Based on ethnographic materials, this paper analyses the organisation of discussions and presentations about the future in financial institutions and argues that such analysis can contribute significantly to our understanding of global ignorance before and during the crisis. Forecasting discourses are…
On the performative power of financial models
Financial models vary according to their ability to shape markets. This ability depends on the way models are used in institutional settings. In contrast to the prevalent view that involvement in organizational practices almost automatically makes models performative, this paper argues that institutional design might obstruct potential model performativity. This crucial issue determines whether models are strongly or only ‘generically’ or ‘effect…
De-idealization by commentary
Models at Work-Models in Decision Making
In recent years, research on modeling in both the philosophy of science and the social studies of science and technology has undergone an acute transformation. Philosophers and social scientists have begun to realize that science, in the words of Carrier and Nordmann, has increasingly shifted its focus from "epistemic or truth-oriented" research to "application-dominated" research. "Science is viewed today as an essentially practical endeavor" (C…
Decision-theoretic approaches to non-knowledge in economics
This chapter provides an overview of conceptual approaches to incorporate a decision maker’s non-knowledge into economic theory. It focuses on the kind of non-knowledge which one considers to be one of the most important for economic discussions: non-knowledge of possible consequence-relevant uncertain events which a decision maker would have to take into account when selecting between different strategies. Possibility as a measure of subjective …
Einleitung
Chains of Finance
Investment is no longer a matter of individual savers directly choosing which shares or bonds to buy. Rather, most of their money flows through a ‘chain’: an often extended sequence of intermediaries. What goes on in that chain is of huge importance: the world’s investment managers, who are now almost as well paid as top bankers, control assets equivalent in value to around a year of total global economic output. In Chains of Finance , five socia…
Trapped in Resistance
Chapter 7 reports the attempts of a network of French pensions’ trustees to force a US-based automotive company to allow trade unions in its Mississippi plants. To trigger practice change, trustees convened a meeting that gathered several actors belonging to or impacted by the investment chain that linked the trustees to the Mississippi employees of the company, in one way or another. The web of the connections that linked these actors to each ot…
Banking and financial history today
AI meets narratives
This article presents contemporary concepts of economic beliefs in economics and sociology: (a) behavioural accounts; (b) learning; (c) narrative approaches; and (d) Science and Technology Studies-inflected integrative accounts. The review argues that cutting-edge research on expectations in both disciplines has paid insufficient attention to the fact that human agents are supported and partly substituted by modern technology while forming their …
Corporate risk reporting about Brexit as political communication
How can we account for differences in the extent of risk disclosure among companies? The paper expands the existing explanations by claiming that corporate risk reporting is not just financial but also political communication. The presented empirical analysis of how corporations disclose Brexit-related uncertainties suggests that risk reporting is a part of a company’s holistic conversation with multiple audiences in society (e.g. politicians, re…
The political ecology of asset manager capitalism and the harmful fiction of universal ownership
The end of theory? AI and ignorance in financial markets
AI’s growing role in finance challenges traditional expectations of transparency and theoretical understanding. While machine learning (ML) models enhance financial decision-making, they remain largely agnostic to established financial theories, producing knowledge and ignorance in ways that differ from traditional models like VaR, DCF, and Black-Scholes. This essay explores the decoupling of AI models from theoretical financial knowledge and the…
Economics (7 obras) · Computer Science (5 obras) · Sociology (5 obras) · Business (4 obras) · Epistemology (4 obras) · Philosophy (4 obras) · Political science (4 obras) · Banking stability, regulation, efficiency (3 obras) · Finance (3 obras) · Financial market (3 obras)