Speculation, Trading, and Bubbles |
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Author:
| Scheinkman, José A. Scheinkman, José A. |
As told to:
| Arrow, Kenneth Bolton, Patrick Stiglitz, Joseph E. Grossman, Sanford |
Series title: | Kenneth J. Arrow Lecture Ser. |
ISBN: | 978-0-231-15902-9 |
Publication Date: | Jul 2014 |
Publisher: | Columbia University Press
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Book Format: | Hardback |
List Price: | AUD $32.95 |
Book Description:
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José A. Scheinkman offers new insight into the mystery of bubbles in financial markets. Noting some general characteristics of bubbles--such as the rise in trading volume and the coincidence between increases in supply and bubble implosions--Scheinkman offers a model, based on differences in beliefs among investors, that explains these observations.
José A. Scheinkman offers new insight into the mystery of bubbles in financial markets. Noting some general characteristics of bubbles--such as the rise in trading volume and the coincidence between increases in supply and bubble implosions--Scheinkman offers a model, based on differences in beliefs among investors, that explains these observations.