Considers neoclassical models in light of results that can go wrong with them to bring about better models. This work offers an examination of the LTCM collapse. 7 w- d/ A% x& T' w3 S * Considers neoclassical models in light of results that can go wrong with them to bring about better models.& y4 t8 {7 C9 _/ h
* Questions the assumption that markets clear quickly.. t7 u& w8 K% D) s* M
* Offers a timely examination of the LTCM collapse. , L7 M$ s& l+ h4 n* D. [6 v/ z * Written by a group of well-respected and highly qualified authors. ' g9 c! ]9 c: o
