WorldCat Identities

Derman, Emanuel

Overview
Works: 19 works in 52 publications in 4 languages and 1,431 library holdings
Genres: Biography 
Classifications: QA401, 003
Publication Timeline
Key
Publications about  Emanuel Derman Publications about Emanuel Derman
Publications by  Emanuel Derman Publications by Emanuel Derman
Most widely held works by Emanuel Derman
Yi ge ji liang jin rong da shi zai hua er jie : cong wu li xue jia dao gao sheng dong shi de bo lan ren sheng by De er man ( Book )
1 edition published in 2006 in Chinese and held by 32 WorldCat member libraries worldwide
My life as a quant : reflections on physics and finance by Emanuel Derman ( Book )
10 editions published between 2004 and 2013 in English and held by 31 WorldCat member libraries worldwide
Emanuel Derman was one of the first physicists to move to Wall Street, and his career paralleled the growth of quantitative trading over the past twenty years. In My Life as a Quant, he traces his transformation from ambitious young scientist to managing director and head of the renowned Quantitative Strategies group at Goldman, Sachs & Co. Derman's tale recounts his adventures with quants, traders and other high fliers on Wall Street as he became the best-known quant in the business
Models behaving badly : why confusing illusion with reality can lead to disaster, on Wall Street and in life by Emanuel Derman ( )
9 editions published between 2011 and 2013 in English and held by 24 WorldCat member libraries worldwide
Emanuel Derman was a quantitative analyst (Quant) at Goldman Sachs, one of the financial engineers whose mathematical models became crucial for Wall Street. The reliance investors put on such quantitative analysis was catastrophic for the economy, setting off the ongoing string of financial crises that began with the mortgage market in 2007 and continues through today. Here Derman looks at why people -- bankers in particular -- still put so much faith in these models, and why it's a terrible mistake to do so. Though financial models imitate the style of physics and employ the language of mathematics, ultimately they deal with human beings. There is a fundamental difference between the aims and potential achievements of physics and those of finance. In physics, theories aim for a description of reality; in finance, at best, models can shoot only for a simplistic and very limited approximation to it. When we make a model involving human beings, we are trying to force the ugly stepsister's foot into Cinderella's pretty glass slipper. It doesn't fit without cutting off some of the essential parts. Physicists and economists have been too enthusiastic to acknowledge the limits of their equations in the sphere of human behavior--which of course is what economics is all about. iModels. Behaving. Badly/i includes a personal account of Derman's childhood encounters with failed models--the oppressions of apartheid and the utopia of the kibbutz. He describes his experience as a physicist on Wall Street, the models quants generated, the benefits they brought and the problems, practical and ethical, they caused. Derman takes a close look at what a model is, and then highlights the differences between the successes of modeling in physics and its failures in economics. Describing the collapse of the subprime mortgage CDO market in 2007, Derman urges us to stop the naIve reliance on these models, and offers suggestions for mending them. This is a fascinating, lyrical, and very human look behind the curtain at the intersection between mathematics and human nature
Models. Behaving. Badly warum die Verwechslung von Theorie und Wirklichkeit zum Desaster führt - im Leben und am Finanzmarkt by Emanuel Derman ( Book )
1 edition published in 2013 in German and held by 7 WorldCat member libraries worldwide
Yi ge ji liang jin rong da shi zai Huaer jie : cong wu li xue jia dao Gaosheng dong shi de bo lan ren sheng by Emanuel Derman ( Book )
1 edition published in 2006 in Chinese and held by 5 WorldCat member libraries worldwide
Kuan ke ren sheng : Hua'erjie de shu liang jin rong da shi by Emanuel Derman ( Book )
1 edition published in 2007 in Chinese and held by 4 WorldCat member libraries worldwide
Models behaving badly : how confusing illusion with reality can lead to disaster, on Wall Street and in life by Emanuel Derman ( Book )
2 editions published in 2011 in English and held by 3 WorldCat member libraries worldwide
Models. Behaving. Badly : why confusing illusion with reality can lead to disaster, on Wall Street and life by Emanuel Derman ( Book )
1 edition published in 2011 in English and held by 3 WorldCat member libraries worldwide
Butsurigakusha uōrugai o yuku : Kuontsu eno tenshin ( Book )
2 editions published in 2005 in Japanese and held by 2 WorldCat member libraries worldwide
A one-factor model of interest rates and its applications to Treasury bond options by Fischer Black ( Book )
1 edition published in 1988 in English and held by 1 WorldCat member library worldwide
Tests for a weak neutral current in l⁺₋+N - l⁺₋+anything at high energy by Emanuel Derman ( Book )
1 edition published in 1973 in English and held by 1 WorldCat member library worldwide
Forever hedged by Emanuel Derman ( )
1 edition published in 1995 in English and held by 1 WorldCat member library worldwide
Riding on a smile by Emanuel Derman ( )
1 edition published in 1995 in English and held by 1 WorldCat member library worldwide
Stochastic implied trees: arbitrage pricing with stochastic term and stike structure of volatility by Emanuel Derman ( )
1 edition published in 1998 in English and held by 1 WorldCat member library worldwide
Models Why Confusing Illusion with Reality Can Lead to Disaster, on Wall Street and in Life by Emanuel Derman ( )
1 edition published in 2011 in English and held by 1 WorldCat member library worldwide
ARM strategies for total return investors by K. Jeanne Person ( Book )
1 edition published in 1988 in English and held by 1 WorldCat member library worldwide
Implied trinomial trees of the volatility smile by Emanuel Derman ( )
1 edition published in 1998 in English and held by 1 WorldCat member library worldwide
Models behaving badly : why confusing illusion with reality can lead to disasters, on Wall Street and in life by Emanuel Derman ( Book )
1 edition published in 2011 in English and held by 1 WorldCat member library worldwide
A one-factor model of interest rates and its application to treasury bond options by Fischer Black ( )
1 edition published in 1996 in English and held by 1 WorldCat member library worldwide
 
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Alternative Names
ダーマン, エマニュエル
Languages
English (46)
Chinese (3)
Japanese (2)
German (1)
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