| Description |
1 online resource (137 pages). |
|
text file PDF |
| Physical Medium |
polychrome |
| Series |
Kenneth J. Arrow Lecture Series
|
|
Kenneth J. Arrow lecture series.
|
| Contents |
Table of Contents; Foreword, by Kenneth J. Arrow; Acknowledgments, by Joseph E. Stiglitz; Introduction, by Joseph E. Stiglitz; Speculation, Trading, and Bubbles, by José A. Scheinkman; Appendix: A Formal Model; Commentary, by Patrick Bolton; Commentary, by Sanford J. Grossman; Commentary, by Kenneth J. Arrow; Discussion; Notes; References; Notes on Contributors; Index. |
| Summary |
The history of financial markets is full of moments in which asset prices inflate far beyond their intrinsic value. These events are commonly called bubbles, and in this book, José A. Scheinkman and other top economists offer new explanations for this phenomenon. Scheinkman discusses some stylized facts concerning bubbles, such as high trading volume and the coincidence between bubbles' implosion and increases in supply, and he develops a model for bubbles based on differences in beliefs among investors that explains these observations. Sandy Grossman and Patrick Bolton offer commentarie. |
| Bibliography |
Includes bibliographical references and index. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Language |
In English. |
| Subject |
Speculation -- History.
|
|
Speculation. |
|
History. |
|
Investments -- History.
|
|
Investments. |
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Capital market -- History.
|
|
Capital market. |
|
Stocks -- Prices -- History.
|
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Stocks -- Prices. |
| Genre/Form |
Electronic books.
|
|
History.
|
| Other Form: |
Erscheint auch als: Druck-Ausgabe Scheinkman, José A. Speculation, Trading, and Bubbles |
| ISBN |
9780231537636 (electronic book) |
|
0231537638 (electronic book) |
|
1322541558 |
|
9781322541556 |
|
9780231159029 |
|
0231159021 |
| Standard No. |
10.7312/sche15902 |
|
