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Beschreibung
Sudden crashes are common features of financial markets, worldwide. Those sudden crashes cannot be explained by current economic theories, which essentially rely on changes in fundamentals. Psychological factors are a natural alternative explanation to those phenomena. In this book, we investigate those psychological factors and their impact on financial crises, with a strong focus on collective rationality. Concepts such as herd behavior and pack behavior are studied, together with their implications for financial stability.
Details
| Verlag | GlobeEdit |
| Ersterscheinung | 27. Januar 2015 |
| Maße | 22 cm x 15 cm x 0.6 cm |
| Gewicht | 167 Gramm |
| Format | Softcover |
| ISBN-13 | 9783639730197 |
| Seiten | 100 |
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