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.
| Books | |
| ASIN | 230551327 |
| Author | Dr Brendan Brown |
| Binding | Hardcover |
| Condition | New |
| Format | |
| Language | |
| Publication Date | 24/07/2008 |
| Publisher | Palgrave Macmillan |
Bubbles in Credit and Currency: How Hot Markets Cool Down: Are Carry-traders Irrationally Exuberant
- Product Code: 0230551327
- Availability: 4
- Condition: New
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£46.42