ABSTRACT

Financial modelling is an essential tool for studying the possibility of financial transactions. This paper argues that financial models are conventional tools widely used in formulating and establishing possibility claims about a prospective investment transaction, from a set of governing possibility assumptions. What is distinctive about financial models is that they articulate how a transaction possibly could occur in a non-actual investment scenario given a limited base of possibility conditions assumed in the model. For this reason, it is argued that the epistemic contribution of financial models is that of enabling the model users to envision exactly how a prospective investment could be achieved in various ways through a detailed understanding of the available transaction mechanisms. Thus, financial models provide information about the possibility of an investment scenario by showing how a specific transaction mechanism could result from a small set of initial possibility conditions assumed in the model.

摘要

金融建模是研究金融交易可能性的重要工具。本文认为，金融模型是一种常规工具，广泛用于根据一组支配性可能性假​​设来制定和建立有关预期投资交易的可能性主张。金融模型的独特之处在于，它们阐明了在模型中假设的可能性条件基础有限的情况下，交易如何可能在非实际投资场景中发生。出于这个原因，有人认为金融模型的认知贡献是使模型用户能够通过对可用交易机制的详细理解，准确地设想如何以各种方式实现预期投资。因此，