The necessity of multi-disciplinary scholarship for finance

On Ayache and Roffe

Bibliographic Data

ID4495223
AuthorsThomas Cary Johnson (0000-0001-6596-6437, Heriot-Watt University Malaysia, corresponding author), Timothy C Johnson
Year2016
Volume2
Issue2
Pages189-204
Publication date2016-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueFinance and Society (JOURNAL)
Journal identifiersISSN: 2059-5999 • E-ISSN: 2059-5999
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.2218/finsoc.v2i2.1733
OpenAlexW2562516370
LanguageEN
Citations received4
References cited24

Ayache presents a view of markets and mathematics that attempts to conform to the philosophies of Alain Badiou and Quentin Meillassoux. However, this attempt is unsuccessful because Ayache adopts a view of probability rooted in nineteenth-century conceptions that cannot accommodate the radical uncertainty of the markets. This is unfortunate as it is reasonable to believe that the ideas of Badiou and Meillassoux, when synthesised with contemporary ideas of probability, could offer interesting insights. Roffe presents a better argued synthesis of Deleuze and markets, however he makes similar assumptions about contemporary probability that undermine his conclusions

Discipline · Economics · Epistemology · Financial economics · Mathematical finance · Neoclassical economics · Political science · Scholarship · Social science · Sociology · Banking stability, regulation, efficiency · Credit Risk and Financial Regulations · Financial Markets and Investment Strategies · Law · Philosophy

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