Social Life of Financial Derivatives

Explore the intricate world of financial derivatives with Edward LiPuma's insightful work, Social Life of Financial Derivatives, published by Duke University Press in 2017. In this compelling paperback, spanning 277 pages, LiPuma draws on his extensive ethnographic fieldwork and trading expertise to illuminate the deep social dynamics that underpin derivatives markets. He delves into the processes, rituals, mentalities, and belief systems that shape trading behaviors and risk management practices within the financial services industry. This book not only provides a critical analysis of mathematical models and political aspects of derivatives but also ties in the impacts of the Global Financial Crisis, making it a relevant read for anyone interested in the complexities of modern finance. Discover how social factors influence markets and the financial landscape of the United States in this thought-provoking exploration.