Hidden Collective Factors in Speculative Trading A Study in Analytical Economics /

• Κύριος συγγραφέας: Roehner, Bertrand M. (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Θέματα: Finance.; Economics, Mathematical.; Combinatorics.; Statistical physics.; Dynamical systems.; Finance, general.; Quantitative Finance.; Statistical Physics, Dynamical Systems and Complexity.

What are the roots of the present economic crisis? The book shows that the factors commonly mentioned (e. g. subprime loans, fall in housing prices) have occurred in the past and therefore cannot account for the severity of the present crisis. There must be "something else". The analysis s...

Πίνακας περιεχομένων:

• PROLOGUE
• Overall view of speculative markets
• HIDDEN COLLECTIVE DETERMINANTS
• Rational?
• Joint crashes
• Contagion of speculative frenzy
• REGULARITIES IN SPECULATIVE EPISODES
• Peak amplitude: the price multiplier effect
• Peak shape: the sharp peak - flat trough pattern
• Stock market bubbles
• THE TRIUMPH OF NEOLIBERALISM
• Triumph of neoliberalism in economics
• Triumph of neoliberalism in society
• Triumph of neoliberalism in finance
• Is there a way out?.