{"product_id":"trading-beyond-understanding-machine-learning-risk-and-markets-9781503645523","title":"Trading Beyond Understanding: Machine Learning, Risk, and Markets","description":"\u003cp\u003eMachine learning is fundamentally transforming financial markets. Where trading strategies were once crafted by human experts-executed manually or through pre-coded rules-firms now build models that generate the strategies themselves. These are not just tools but trading automatons: semi-independent systems designed to learn from markets and act on their own. Drawing on over a decade of fieldwork in financial markets, Christian Borch offers a rare inside look at how these systems are built, the risks they pose, and how they challenge our understanding of markets and decision-making. As trading automatons grow more complex and opaque-even to their designers-new sociological questions emerge: What happens when machines become the primary agents in markets? And how should we understand economic action when human judgment is no longer at the center? \u003ci\u003eTrading Beyond Understanding\u003c\/i\u003e is a powerful investigation of machine agency, market transformation, and the shifting boundaries between technological systems and social life.\u003c\/p\u003e\u003cbr\u003e","brand":"Stanford University Press","offers":[{"title":"Default Title","offer_id":52127712280850,"sku":"9781503645523","price":31.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_c10388f9-b4ba-4857-b6b2-fc59e311e3c4.jpg?v=1773744339","url":"https:\/\/surprise-castle.myshopify.com\/products\/trading-beyond-understanding-machine-learning-risk-and-markets-9781503645523","provider":"Surprise Castle","version":"1.0","type":"link"}