{"product_id":"trading-beyond-understanding-machine-learning-risk-and-markets","title":"Trading Beyond Understanding: Machine Learning, Risk, and Markets","description":"\u003cp\u003e\u003cspan\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? \u003c\/span\u003e\u003ci\u003eTrading Beyond Understanding\u003c\/i\u003e\u003cspan\u003e is a powerful investigation of machine agency, market transformation, and the shifting boundaries between technological systems and social life.\u003c\/span\u003e\u003c\/p\u003e","brand":"Stanford University Press","offers":[{"title":"Default Title","offer_id":50972289958173,"sku":"9781503636804","price":153.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0901\/5692\/5213\/files\/9781503636804.jpg?v=1771966309","url":"https:\/\/bookdelico.com\/products\/trading-beyond-understanding-machine-learning-risk-and-markets","provider":"Book Delico ","version":"1.0","type":"link"}