E-Book, Englisch, 222 Seiten
Brown Bubbles in Credit and Currency
2008
ISBN: 978-0-230-22768-2
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark
How Hot Markets Cool Down
E-Book, Englisch, 222 Seiten
ISBN: 978-0-230-22768-2
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark
Drawing on behavioral finance theory and contemporary experience, this book explores how bubbles form and subsequently burst. The author introduces a new concept of swings in market temperature defined by the extent of heterogeneity of opinion and soft irrationality, and examines the importance of these swings in the credit markets.




