From academia to practice

Theory of Financial Risk and Derivative Pricing, From Statistical Physics to Risk Management by Jean-Philippe Bouchaud and Marc Potters Cambridge University Press 379 pages, £45 ISBN 0521819164


It would be difficult for anyone not to agree that this interesting tome, now in its second edition, is ambitious. Any book that attempts to bridge worlds would be described with a similar adjective, and that is just the impression one is left with after reading this one. What most experts agree with (but which few prefer to discuss openly) is that disciplines related to the financial markets exhibit something of a gap between academically credible research and development, and practice on the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here