Bubbles in Credit and Currency : How Hot Markets Cool Down /

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 t...

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Bibliographic Details
Main Author:	Brown, Brendan (Author)
Corporate Author:	SpringerLink (Online service)
Format:	eBook
Language:	English
Published:	London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2008.
Subjects:	Economics. Accounting/Auditing. Economic History. Finance, general. International Economics. Macroeconomics/Monetary Economics//Financial Economics. Accounting. Bookkeeping. Economic history. Finance. International economic relations. Macroeconomics. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	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.
Item Description:	Electronic resource.
Physical Description:	1 online resource (VII, 222 pages)
ISBN:	9780230227682
DOI:	10.1057/9780230227682