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Bubbles in Credit and Currency

Bag om Bubbles in Credit and Currency

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.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781349362165
  • Indbinding:
  • Paperback
  • Sideantal:
  • 222
  • Udgivet:
  • 24. juli 2008
  • Udgave:
  • 2008
  • Størrelse:
  • 127x12x203 mm.
  • Vægt:
  • 231 g.
  • 8-11 hverdage.
  • 28. november 2024
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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.

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