{"product_id":"adaptive-finance-isbn-9780262051415","title":"Adaptive Finance","description":"\u003cb\u003eA groundbreaking bridge between traditional financial theories and emerging interdisciplinary approaches, offering a unique perspective on finance in these uncertain times.\u003cbr\u003e \u003cbr\u003eFrom a seasoned expert in finance, behavioral finance, complexity science, and quantum finance.\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\u003ci\u003eAdaptive Finance\u003c\/i\u003e is a forward-looking exploration of the evolving world of finance, addressing the most pressing challenges and emerging trends facing financial markets today. It examines how traditional economic and financial models, long dominant in the field, are being redefined by advancements in behavioral science, mathematics, and technology. Financial professionals and academics must confront risks and dynamics that established theories often fail to capture in an era marked by complexity, technological disruption, and global uncertainty. This book provides the intellectual foundation needed to tackle these challenges.\u003cbr\u003e\u003cbr\u003eThe chapters span a wide range of topics—from behavioral finance and causal models to quantum finance and innovations in financial systems—offering a comprehensive view of the forces reshaping finance. The book begins with well-established frameworks and progressively explores cutting-edge concepts, guiding readers through the transformation of financial theory and practice. Each chapter stands on its own, making the book suitable for both comprehensive study and selective reading. The authors present a timely perspective on how finance must adapt to a more complex and dynamic world.Preface\u003cbr\u003eChapter 1: Introduction: Breaking Boundaries in Modern Finance\u003cbr\u003eChapter 2: Behavioral Finance and Its Integration into Quantitative Models\u003cbr\u003eChapter 3: Toward A Comprehensive Economic Framework: The Role of Causal Models\u003cbr\u003eChapter 4: The Integration of Complexity Science In Financial Modeling\u003cbr\u003eChapter 5: The Role of Mathematical Modeling and New Economic Thinking in Modern Finance\u003cbr\u003eChapter 6: Emerging Risks and the Future of Quantitative Finance\u003cbr\u003eChapter 7: Entangling Markets: The Role of Quantum Probability in Financial Systems\u003cbr\u003eChapter 8: Rethinking Economics and Finance Through Complexity and Empirical Approaches\u003cbr\u003eChapter 9: Navigating Financial Innovation: From Data-Driven Decisions to Technological Disruption\u003cbr\u003eNotes\u003cbr\u003eReferences“Fabozzi and Focardi masterfully describe a broad range of technological innovations and emerging risks shaping the practice of finance. They display extraordinary scholarship in a way that is succinct though hardly superficial, and with remarkable clarity. “\u003cbr\u003e\u003cb\u003e—Mark Kritzman, CEO, Windham Capital Management; Senior Lecturer, MIT Sloan School\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e“\u003ci\u003eAdaptive Finance\u003c\/i\u003e offers a concise, accessible, and compelling survey of modern finance’s evolving frontiers—curating key debates, innovations, and challenges with clarity and insight. Fabozzi and Focardi have produced an invaluable resource for practitioners and scholars alike.”\u003cbr\u003e\u003cb\u003e—Andrew B. Weisman, Founding Partner, Market Revealed Preference\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e“It is rare when a book can bridge the gap between academics and pragmatic portfolio management. Yet, \u003ci\u003eAdaptive Finance\u003c\/i\u003e seamlessly achieves this balance.”\u003cbr\u003e\u003cb\u003e—Mark Anson, CEO and CIO, Commonfund; author of \u003ci\u003eThe Handbook of Alternative Assets\u003c\/i\u003e\u003c\/b\u003eFrank J. Fabozzi is Professor of Practice at Johns Hopkins Carey Business School. He is the author of \u003ci\u003eEntrepreneurial Finance and Accounting for High-Tech Companies\u003c\/i\u003e and \u003ci\u003eIntroduction to Fixed-Income Analysis and Portfolio Management\u003c\/i\u003e, and coauthor of \u003ci\u003eBond Markets, Analysis, and Strategies, Tenth Edition\u003c\/i\u003e, and \u003ci\u003eFoundations of Global Financial Markets and Institutions\u003c\/i\u003e (all MIT Press).\u003cbr\u003e\u003cbr\u003eSergio Focardi is Professor at the University of Genoa, where he teaches risk management and financial engineering. He has taught at EDHEC Business School at Stony Brook University, Princeton University, and Pôle Universitaire Léonard-de-Vinci, near Paris. He is the author or coauthor of 24 books and more than 100 peer-reviewed papers.","brand":"The MIT Press","offers":[{"title":"Default Title","offer_id":48232908620005,"sku":"NP9780262051415","price":50.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780262051415.jpg?v=1767721056","url":"https:\/\/k12savings.com\/products\/adaptive-finance-isbn-9780262051415","provider":"K12savings","version":"1.0","type":"link"}