| 書目名稱 | Financial Market Bubbles and Crashes | | 副標(biāo)題 | Features, Causes, an | | 編輯 | Harold L. Vogel | | 視頻video | http://file.papertrans.cn/344/343099/343099.mp4 | | 概述 | Provides wide-ranging and thorough examples and explanations of how and why bubbles and crashes have historically developed and are tied to money, credit, trust, psychology, risk preferences, behavior | | 圖書封面 |  | | 描述 | . .Economists broadly define financial asset price bubbles as episodes in which prices rise with notable rapidity and depart from historically established asset valuation multiples and relationships. Financial economists have for decades attempted to study and interpret bubbles through the prisms of rational expectations, efficient markets, equilibrium, arbitrage, and capital asset pricing models, but they have not made much if any progress toward a consistent and reliable theory that explains how and why bubbles (and crashes) evolve and are defined, measured, and compared. This book develops a new and different approach that is based on the central notion that bubbles and crashes reflect urgent short-side rationing, which means that, as such extreme conditions unfold, considerations of quantities owned or not owned begin to displace considerations of price.. | | 出版日期 | Book 2021Latest edition | | 關(guān)鍵詞 | Market bubbles; Market crashes; Financial crisis; financial asset price bubbles; efficient markets; capit | | 版次 | 3 | | doi | https://doi.org/10.1007/978-3-030-79182-7 | | isbn_softcover | 978-3-030-79184-1 | | isbn_ebook | 978-3-030-79182-7 | | copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |
The information of publication is updating
|
|
|Archiver|手機(jī)版|小黑屋|
派博傳思國際
( 京公網(wǎng)安備110108008328)
GMT+8, 2025-10-14 14:31
發(fā)表于 2025-3-21 19:43:57
