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Beyond Mechanical Markets

- Asset Price Swings, Risk, and the Role of the State

Bag om Beyond Mechanical Markets

In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. This title shows how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780691145778
  • Indbinding:
  • Hardback
  • Sideantal:
  • 288
  • Udgivet:
  • 27. februar 2011
  • Størrelse:
  • 159x240x23 mm.
  • Vægt:
  • 572 g.
  • Ukendt - mangler pt..

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Beskrivelse af Beyond Mechanical Markets

In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. This title shows how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies.

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