Mackenzie, D. (2006), An engine, not a camera: how financial models shape markets, Cambridge y Londres: The MIT Press, 377 pp.

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Key Points

The book argues that financial models are not just representations but active participants in shaping markets, influencing behaviors and outcomes.
Mackenzie emphasizes that financial models must be understood as engines that drive market dynamics rather than mere observational tools.
Through a detailed review, this work critiques the reliance on financial models in economic decision-making, challenging traditional perceptions.
The implications of this perspective suggest a need for more critical engagement with the tools that guide financial practices and decisions.

Answers are grounded in this paper and cite their sources.

Book review highlights how financial models shape markets, indicating their pivotal role in economic behavior.

Reseña de libro: Mackenzie, D. (2006), An engine, not a camera: how financial models shape markets, Cambridge y Londres: The MIT Press, 377 pp.

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Bagatolli et al. (2007) studied this question.

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