Access
To read this story in full you will need to login or make a payment (see right).
Essay
Nature 455, 1181 (30 October 2008) | doi:10.1038/4551181a; Published online 29 October 2008
Open Innovation Challenges
-
Single-cell Analysis Platform
This Challenge is looking for novel approaches to analyzing changes at a single-cell level. This is...
-
Methods of Modeling Adaptation in Populations
The analysis of adaptation with a population is a frequently encountered computational modeling scen...
- More Challenges
- Powered by:
nature jobs
Three Lecturer posts in Climate Change
- University of East Anglia
- Norwich, NR4 7TJ, UK
Research Associate
- University of Glasgow
- Glasgow, UK
Economics needs a scientific revolution
See associated Correspondence: Philippe, Nature 457, 147 (January 2009)
Jean-Philippe Bouchaud1
- Jean-Philippe Bouchaud is head of research of Capital Fund Management and a physics professor at cole Polytechnique in France.
Email: jean-philippe.bouchaud@cea.fr
Abstract
Financial engineers have put too much faith in untested axioms and faulty models, says Jean-Philippe Bouchaud. To prevent economic havoc, that needs to change.
Compared with physics, it seems fair to say that the quantitative success of the economic sciences has been disappointing. Rockets fly to the Moon; energy is extracted from minute changes of atomic mass.
To read this story in full you will need to login or make a payment (see right).
