**An in-depth look at how to account for the human complexities at the heart of today's financial system**

Our economy may have recovered from the Great Recession—but not our economics. In *The End of Theory*, Richard Bookstaber, one of the world's leading risk managers, discusses why the human condition and the radical uncertainty of our world renders the standard economic model—and the theory behind it—useless for dealing with financial crises. What model should replace it? None. At least not any version we've been using for the past two hundred years. Instead, Bookstaber argues for a new approach called agent-based economics, one that takes as a starting point the fact that we are humans, not the optimizing automatons that standard economics assumes we are.

Bookstaber's groundbreaking paradigm promises to do a far better job at preventing crises and managing those that break out. As he explains, our varied memories and imaginations color our economic behavior in unexpected hues. Agent-based modeling embraces these nuances by avoiding the mechanistic, unrealistic structure of our current economic approach. Bookstaber tackles issues such as radical uncertainty, when circumstances take place beyond our anticipation, and emergence, when innocent, everyday interactions combine to create sudden chaos. Starting with the realization that future crises cannot be predicted by the past, he proposes an approach that recognizes the human narrative while addressing market realities.

Sweeping aside the historic failure of twentieth-century economics, *The End of Theory* offers a novel and innovative perspective, along with a more realistic and human framework, to help prevent today's financial system from blowing up again.

**A NEW YORK TIMES BESTSELLER**

**The official book behind the Academy Award-winning film The Imitation Game, starring Benedict Cumberbatch and Keira Knightley**

It is only a slight exaggeration to say that the British mathematician Alan Turing (1912-1954) saved the Allies from the Nazis, invented the computer and artificial intelligence, and anticipated gay liberation by decades--all before his suicide at age forty-one. This *New York Times*–bestselling biography of the founder of computer science, with a new preface by the author that addresses Turing's royal pardon in 2013, is the definitive account of an extraordinary mind and life.

Capturing both the inner and outer drama of Turing’s life, Andrew Hodges tells how Turing’s revolutionary idea of 1936--the concept of a universal machine--laid the foundation for the modern computer and how Turing brought the idea to practical realization in 1945 with his electronic design. The book also tells how this work was directly related to Turing’s leading role in breaking the German Enigma ciphers during World War II, a scientific triumph that was critical to Allied victory in the Atlantic. At the same time, this is the tragic account of a man who, despite his wartime service, was eventually arrested, stripped of his security clearance, and forced to undergo a humiliating treatment program--all for trying to live honestly in a society that defined homosexuality as a crime.

The inspiration for a major motion picture starring Benedict Cumberbatch and Keira Knightley, *Alan Turing: The Enigma* is a gripping story of mathematics, computers, cryptography, and homosexual persecution.

Today complex numbers have such widespread practical use--from electrical engineering to aeronautics--that few people would expect the story behind their derivation to be filled with adventure and enigma. In *An Imaginary Tale*, Paul Nahin tells the 2000-year-old history of one of mathematics' most elusive numbers, the square root of minus one, also known as *i*. He recreates the baffling mathematical problems that conjured it up, and the colorful characters who tried to solve them.

In 1878, when two brothers stole a mathematical papyrus from the ancient Egyptian burial site in the Valley of Kings, they led scholars to the earliest known occurrence of the square root of a negative number. The papyrus offered a specific numerical example of how to calculate the volume of a truncated square pyramid, which implied the need for *i*. In the first century, the mathematician-engineer Heron of Alexandria encountered *I *in a separate project, but fudged the arithmetic; medieval mathematicians stumbled upon the concept while grappling with the meaning of negative numbers, but dismissed their square roots as nonsense. By the time of Descartes, a theoretical use for these elusive square roots--now called "imaginary numbers"--was suspected, but efforts to solve them led to intense, bitter debates. The notorious *i* finally won acceptance and was put to use in complex analysis and theoretical physics in Napoleonic times.

Addressing readers with both a general and scholarly interest in mathematics, Nahin weaves into this narrative entertaining historical facts and mathematical discussions, including the application of complex numbers and functions to important problems, such as Kepler's laws of planetary motion and ac electrical circuits. This book can be read as an engaging history, almost a biography, of one of the most evasive and pervasive "numbers" in all of mathematics.

Some images inside the book are unavailable due to digital copyright restrictions.

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*Circles Disturbed* brings together important thinkers in mathematics, history, and philosophy to explore the relationship between mathematics and narrative. The book's title recalls the last words of the great Greek mathematician Archimedes before he was slain by a Roman soldier--"Don't disturb my circles"--words that seem to refer to two radically different concerns: that of the practical person living in the concrete world of reality, and that of the theoretician lost in a world of abstraction. Stories and theorems are, in a sense, the natural languages of these two worlds--stories representing the way we act and interact, and theorems giving us pure thought, distilled from the hustle and bustle of reality. Yet, though the voices of stories and theorems seem totally different, they share profound connections and similarities.

A book unlike any other, *Circles Disturbed* delves into topics such as the way in which historical and biographical narratives shape our understanding of mathematics and mathematicians, the development of "myths of origins" in mathematics, the structure and importance of mathematical dreams, the role of storytelling in the formation of mathematical intuitions, the ways mathematics helps us organize the way we think about narrative structure, and much more.

In addition to the editors, the contributors are Amir Alexander, David Corfield, Peter Galison, Timothy Gowers, Michael Harris, David Herman, Federica La Nave, G.E.R. Lloyd, Uri Margolin, Colin McLarty, Jan Christoph Meister, Arkady Plotnitsky, and Bernard Teissier.

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In *Reinventing Discovery*, Michael Nielsen argues that we are living at the dawn of the most dramatic change in science in more than 300 years. This change is being driven by powerful new cognitive tools, enabled by the internet, which are greatly accelerating scientific discovery. There are many books about how the internet is changing business or the workplace or government. But this is the first book about something much more fundamental: how the internet is transforming the nature of our collective intelligence and how we understand the world.

*Reinventing Discovery* tells the exciting story of an unprecedented new era of networked science. We learn, for example, how mathematicians in the Polymath Project are spontaneously coming together to collaborate online, tackling and rapidly demolishing previously unsolved problems. We learn how 250,000 amateur astronomers are working together in a project called Galaxy Zoo to understand the large-scale structure of the Universe, and how they are making astonishing discoveries, including an entirely new kind of galaxy. These efforts are just a small part of the larger story told in this book--the story of how scientists are using the internet to dramatically expand our problem-solving ability and increase our combined brainpower.

This is a book for anyone who wants to understand how the online world is revolutionizing scientific discovery today--and why the revolution is just beginning.

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*Mathletics* is a remarkably entertaining book that shows readers how to use simple mathematics to analyze a range of statistical and probability-related questions in professional baseball, basketball, and football, and in sports gambling. How does professional baseball evaluate hitters? Is a singles hitter like Wade Boggs more valuable than a power hitter like David Ortiz? Should NFL teams pass or run more often on first downs? Could professional basketball have used statistics to expose the crooked referee Tim Donaghy? Does money buy performance in professional sports?

In *Mathletics*, Wayne Winston describes the mathematical methods that top coaches and managers use to evaluate players and improve team performance, and gives math enthusiasts the practical tools they need to enhance their understanding and enjoyment of their favorite sports--and maybe even gain the outside edge to winning bets. *Mathletics* blends fun math problems with sports stories of actual games, teams, and players, along with personal anecdotes from Winston's work as a sports consultant. Winston uses easy-to-read tables and illustrations to illuminate the techniques and ideas he presents, and all the necessary math concepts--such as arithmetic, basic statistics and probability, and Monte Carlo simulations--are fully explained in the examples.

After reading *Mathletics*, you will understand why baseball teams should almost never bunt, why football overtime systems are unfair, why points, rebounds, and assists aren't enough to determine who's the NBA's best player--and much, much more. In a new epilogue, Winston discusses the stats and numerical analysis behind some recent sporting events, such as how the Dallas Mavericks used analytics to become the 2011 NBA champions.

Totally nonnegative matrices arise in a remarkable variety of mathematical applications. This book is a comprehensive and self-contained study of the essential theory of totally nonnegative matrices, defined by the nonnegativity of all subdeterminants. It explores methodological background, historical highlights of key ideas, and specialized topics.

The book uses classical and ad hoc tools, but a unifying theme is the elementary bidiagonal factorization, which has emerged as the single most important tool for this particular class of matrices. Recent work has shown that bidiagonal factorizations may be viewed in a succinct combinatorial way, leading to many deep insights. Despite slow development, bidiagonal factorizations, along with determinants, now provide the dominant methodology for understanding total nonnegativity. The remainder of the book treats important topics, such as recognition of totally nonnegative or totally positive matrices, variation diminution, spectral properties, determinantal inequalities, Hadamard products, and completion problems associated with totally nonnegative or totally positive matrices. The book also contains sample applications, an up-to-date bibliography, a glossary of all symbols used, an index, and related references.

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Based on extensive research in Sanskrit sources, *Mathematics in India* chronicles the development of mathematical techniques and texts in South Asia from antiquity to the early modern period. Kim Plofker reexamines the few facts about Indian mathematics that have become common knowledge--such as the Indian origin of Arabic numerals--and she sets them in a larger textual and cultural framework. The book details aspects of the subject that have been largely passed over in the past, including the relationships between Indian mathematics and astronomy, and their cross-fertilizations with Islamic scientific traditions. Plofker shows that Indian mathematics appears not as a disconnected set of discoveries, but as a lively, diverse, yet strongly unified discipline, intimately linked to other Indian forms of learning.

Far more than in other areas of the history of mathematics, the literature on Indian mathematics reveals huge discrepancies between what researchers generally agree on and what general readers pick up from popular ideas. This book explains with candor the chief controversies causing these discrepancies--both the flaws in many popular claims, and the uncertainties underlying many scholarly conclusions. Supplementing the main narrative are biographical resources for dozens of Indian mathematicians; a guide to key features of Sanskrit for the non-Indologist; and illustrations of manuscripts, inscriptions, and artifacts. *Mathematics in India* provides a rich and complex understanding of the Indian mathematical tradition.

**Author's note: The concept of "computational positivism" in Indian mathematical science, mentioned on p. 120, is due to Prof. Roddam Narasimha and is explored in more detail in some of his works, including "The Indian half of Needham's question: some thoughts on axioms, models, algorithms, and computational positivism" (*Interdisciplinary Science Reviews* 28, 2003, 1-13).

Although political and legal institutions are essential to any nation's economic development, the forces that have shaped these institutions are poorly understood. Drawing on rich evidence about the development of the American states from the mid-nineteenth to the late twentieth century, this book documents the mechanisms through which geographical and historical conditions--such as climate, access to water transportation, and early legal systems--impacted political and judicial institutions and economic growth.

The book shows how a state's geography and climate influenced whether elites based their wealth in agriculture or trade. States with more occupationally diverse elites in 1860 had greater levels of political competition in their legislature from 1866 to 2000. The book also examines the effects of early legal systems. Because of their colonial history, thirteen states had an operational civil-law legal system prior to statehood. All of these states except Louisiana would later adopt common law. By the late eighteenth century, the two legal systems differed in their balances of power. In civil-law systems, judiciaries were subordinate to legislatures, whereas in common-law systems, the two were more equal. Former civil-law states and common-law states exhibit persistent differences in the structure of their courts, the retention of judges, and judicial budgets. Moreover, changes in court structures, retention procedures, and budgets occur under very different conditions in civil-law and common-law states.

*The Evolution of a Nation* illustrates how initial geographical and historical conditions can determine the evolution of political and legal institutions and long-run growth.

How do you draw a straight line? How do you determine if a circle is really round? These may sound like simple or even trivial mathematical problems, but to an engineer the answers can mean the difference between success and failure. *How Round Is Your Circle?* invites readers to explore many of the same fundamental questions that working engineers deal with every day--it's challenging, hands-on, and fun.

John Bryant and Chris Sangwin illustrate how physical models are created from abstract mathematical ones. Using elementary geometry and trigonometry, they guide readers through paper-and-pencil reconstructions of mathematical problems and show them how to construct actual physical models themselves--directions included. It's an effective and entertaining way to explain how applied mathematics and engineering work together to solve problems, everything from keeping a piston aligned in its cylinder to ensuring that automotive driveshafts rotate smoothly. Intriguingly, checking the roundness of a manufactured object is trickier than one might think. When does the width of a saw blade affect an engineer's calculations--or, for that matter, the width of a physical line? When does a measurement need to be exact and when will an approximation suffice? Bryant and Sangwin tackle questions like these and enliven their discussions with many fascinating highlights from engineering history. Generously illustrated, *How Round Is Your Circle?* reveals some of the hidden complexities in everyday things.

The interest earned on a bank account, the arrangement of seeds in a sunflower, and the shape of the Gateway Arch in St. Louis are all intimately connected with the mysterious number *e*. In this informal and engaging history, Eli Maor portrays the curious characters and the elegant mathematics that lie behind the number. Designed for a reader with only a modest mathematical background, this biography brings out the central importance of *e* to mathematics and illuminates a golden era in the age of science.

What are your chances of dying on your next flight, being called for jury duty, or winning the lottery? We all encounter probability problems in our everyday lives. In this collection of twenty-one puzzles, Paul Nahin challenges us to think creatively about the laws of probability as they apply in playful, sometimes deceptive, ways to a fascinating array of speculative situations. Games of Russian roulette, problems involving the accumulation of insects on flypaper, and strategies for determining the odds of the underdog winning the World Series all reveal intriguing dimensions to the workings of probability. Over the years, Nahin, a veteran writer and teacher of the subject, has collected these and other favorite puzzles designed to instruct and entertain math enthusiasts of all backgrounds.

If idiots A and B alternately take aim at each other with a six-shot revolver containing one bullet, what is the probability idiot A will win? What are the chances it will snow on your birthday in any given year? How can researchers use coin flipping and the laws of probability to obtain honest answers to embarrassing survey questions? The solutions are presented here in detail, and many contain a profound element of surprise. And some puzzles are beautiful illustrations of basic mathematical concepts: "The Blind Spider and the Fly," for example, is a clever variation of a "random walk" problem, and "Duelling Idiots" and "The Underdog and the World Series" are straightforward introductions to binomial distributions.

Written in an informal way and containing a plethora of interesting historical material, *Duelling Idiots* is ideal for those who are fascinated by mathematics and the role it plays in everyday life and in our imaginations.

In today's unpredictable and chaotic world, we look to science to provide certainty and answers--and often blame it when things go wrong. *The Blind Spot* reveals why our faith in scientific certainty is a dangerous illusion, and how only by embracing science's inherent ambiguities and paradoxes can we truly appreciate its beauty and harness its potential.

Crackling with insights into our most perplexing contemporary dilemmas, from climate change to the global financial meltdown, this book challenges our most sacredly held beliefs about science, technology, and progress. At the same time, it shows how the secret to better science can be found where we least expect it--in the uncertain, the ambiguous, and the inevitably unpredictable. William Byers explains why the subjective element in scientific inquiry is in fact what makes it so dynamic, and deftly balances the need for certainty and rigor in science with the equally important need for creativity, freedom, and downright wonder. Drawing on an array of fascinating examples--from Wall Street's overreliance on algorithms to provide certainty in uncertain markets, to undecidable problems in mathematics and computer science, to Georg Cantor's paradoxical but true assertion about infinity--Byers demonstrates how we can and must learn from the existence of blind spots in our scientific and mathematical understanding.

*The Blind Spot* offers an entirely new way of thinking about science, one that highlights its strengths and limitations, its unrealized promise, and, above all, its unavoidable ambiguity. It also points to a more sophisticated approach to the most intractable problems of our time.

*Global Production* is the first book to provide a fully comprehensive overview of the complicated issues facing multinational companies and their global sourcing strategies. Few international trade transactions today are based on the exchange of finished goods; rather, the majority of transactions are dominated by sales of individual components and intermediary services. Many firms organize global production around offshoring parts, components, and services to producers in distant countries, and contracts are drawn up specific to the parties and distinct legal systems involved. Pol Antràs examines the contractual frictions that arise in the international system of production and how these frictions influence the world economy.

Antràs discusses the inevitable complications that develop in contract negotiation and execution. He provides a unified framework that sheds light on the factors helping global firms determine production locations and other organizational choices. Antràs also implements a series of systematic empirical tests, based on recent data from the U.S. Customs and Census Offices, which demonstrate the relevance of contractual factors in global production decisions.

Using an integrated approach, *Global Production* is an excellent resource for researchers, graduate students, and advanced undergraduates interested in the inner workings of international economics and trade.

I used to think math was no fun

'Cause I couldn't see how it was done

Now Euler's my hero

For I now see why zero

Equals e^{[pi] i}+1

--Paul Nahin, electrical engineer

In the mid-eighteenth century, Swiss-born mathematician Leonhard Euler developed a formula so innovative and complex that it continues to inspire research, discussion, and even the occasional limerick. *Dr. Euler's Fabulous Formula* shares the fascinating story of this groundbreaking formula--long regarded as the gold standard for mathematical beauty--and shows why it still lies at the heart of complex number theory.

This book is the sequel to Paul Nahin's *An Imaginary Tale: The Story of I [the square root of -1]*, which chronicled the events leading up to the discovery of one of mathematics' most elusive numbers, the square root of minus one. Unlike the earlier book, which devoted a significant amount of space to the historical development of complex numbers, Dr. Euler begins with discussions of many sophisticated applications of complex numbers in pure and applied mathematics, and to electronic technology. The topics covered span a huge range, from a never-before-told tale of an encounter between the famous mathematician G. H. Hardy and the physicist Arthur Schuster, to a discussion of the theoretical basis for single-sideband AM radio, to the design of chase-and-escape problems.

The book is accessible to any reader with the equivalent of the first two years of college mathematics (calculus and differential equations), and it promises to inspire new applications for years to come. Or as Nahin writes in the book's preface: To mathematicians ten thousand years hence, "Euler's formula will still be beautiful and stunning and untarnished by time."

Some images inside the book are unavailable due to digital copyright restrictions.

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The P-NP problem is the most important open problem in computer science, if not all of mathematics. *The Golden Ticket* provides a nontechnical introduction to P-NP, its rich history, and its algorithmic implications for everything we do with computers and beyond. In this informative and entertaining book, Lance Fortnow traces how the problem arose during the Cold War on both sides of the Iron Curtain, and gives examples of the problem from a variety of disciplines, including economics, physics, and biology. He explores problems that capture the full difficulty of the P-NP dilemma, from discovering the shortest route through all the rides at Disney World to finding large groups of friends on Facebook. But difficulty also has its advantages. Hard problems allow us to safely conduct electronic commerce and maintain privacy in our online lives.

*The Golden Ticket* explores what we truly can and cannot achieve computationally, describing the benefits and unexpected challenges of the P-NP problem.

Hybrid dynamical systems exhibit continuous and instantaneous changes, having features of continuous-time and discrete-time dynamical systems. Filled with a wealth of examples to illustrate concepts, this book presents a complete theory of robust asymptotic stability for hybrid dynamical systems that is applicable to the design of hybrid control algorithms--algorithms that feature logic, timers, or combinations of digital and analog components.

With the tools of modern mathematical analysis, *Hybrid Dynamical Systems* unifies and generalizes earlier developments in continuous-time and discrete-time nonlinear systems. It presents hybrid system versions of the necessary and sufficient Lyapunov conditions for asymptotic stability, invariance principles, and approximation techniques, and examines the robustness of asymptotic stability, motivated by the goal of designing robust hybrid control algorithms.

This self-contained and classroom-tested book requires standard background in mathematical analysis and differential equations or nonlinear systems. It will interest graduate students in engineering as well as students and researchers in control, computer science, and mathematics.

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This annual anthology brings together the year's finest mathematics writing from around the world. Featuring promising new voices alongside some of the foremost names in the field, *The Best Writing on Mathematics 2012* makes available to a wide audience many articles not easily found anywhere else--and you don't need to be a mathematician to enjoy them. These writings offer surprising insights into the nature, meaning, and practice of mathematics today. They delve into the history, philosophy, teaching, and everyday occurrences of math, and take readers behind the scenes of today's hottest mathematical debates. Here Robert Lang explains mathematical aspects of origami foldings; Terence Tao discusses the frequency and distribution of the prime numbers; Timothy Gowers and Mario Livio ponder whether mathematics is invented or discovered; Brian Hayes describes what is special about a ball in five dimensions; Mark Colyvan glosses on the mathematics of dating; and much, much more.

In addition to presenting the year's most memorable writings on mathematics, this must-have anthology includes a foreword by esteemed mathematician David Mumford and an introduction by the editor Mircea Pitici. This book belongs on the shelf of anyone interested in where math has taken us--and where it is headed.

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Mathematics is often thought of as the coldest expression of pure reason. But few subjects provoke hotter emotions--and inspire more love and hatred--than mathematics. And although math is frequently idealized as floating above the messiness of human life, its story is nothing if not human; often, it is all too human. *Loving and Hating Mathematics* is about the hidden human, emotional, and social forces that shape mathematics and affect the experiences of students and mathematicians. Written in a lively, accessible style, and filled with gripping stories and anecdotes, *Loving and Hating Mathematics* brings home the intense pleasures and pains of mathematical life.

These stories challenge many myths, including the notions that mathematics is a solitary pursuit and a "young man's game," the belief that mathematicians are emotionally different from other people, and even the idea that to be a great mathematician it helps to be a little bit crazy. Reuben Hersh and Vera John-Steiner tell stories of lives in math from their very beginnings through old age, including accounts of teaching and mentoring, friendships and rivalries, love affairs and marriages, and the experiences of women and minorities in a field that has traditionally been unfriendly to both. Included here are also stories of people for whom mathematics has been an immense solace during times of crisis, war, and even imprisonment--as well as of those rare individuals driven to insanity and even murder by an obsession with math.

This is a book for anyone who wants to understand why the most rational of human endeavors is at the same time one of the most emotional.

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Math--the application of reasonable logic to reasonable assumptions--usually produces reasonable results. But sometimes math generates astonishing paradoxes--conclusions that seem completely unreasonable or just plain impossible but that are nevertheless demonstrably true. Did you know that a losing sports team can become a winning one by adding worse players than its opponents? Or that the thirteenth of the month is more likely to be a Friday than any other day? Or that cones can roll unaided uphill? In *Nonplussed!*--a delightfully eclectic collection of paradoxes from many different areas of math--popular-math writer Julian Havil reveals the math that shows the truth of these and many other unbelievable ideas.

*Nonplussed!* pays special attention to problems from probability and statistics, areas where intuition can easily be wrong. These problems include the vagaries of tennis scoring, what can be deduced from tossing a needle, and disadvantageous games that form winning combinations. Other chapters address everything from the historically important Torricelli's Trumpet to the mind-warping implications of objects that live on high dimensions. Readers learn about the colorful history and people associated with many of these problems in addition to their mathematical proofs.

*Nonplussed!* will appeal to anyone with a calculus background who enjoys popular math books or puzzles.