Theory of Speculative Bubbles and Crashes - A Study on Phase Transitions in Financial Markets With Networked

Klappentext Most of us would accept that recent large economic fluctuations have been caused by crashes of speculative bubbles in asset markets but the reasons why bubbles frequently occur and why they collapse are not always well understood. The book provides a new theoretical explanation of bubbles and crashes to help deepen our understanding of the mechanism of bubbles and subsequent crashes. Zusammenfassung Most of us would accept that recent large economic fluctuations have been caused by crashes of speculative bubbles in asset markets but the reasons why bubbles frequently occur and why they collapse are not always well understood. The book provides a new theoretical explanation of bubbles and crashes to help deepen our understanding of the mechanism of bubbles and subsequent crashes. Inhaltsverzeichnis 1. Introduction 2. Studies on Bubbles and Crashes 3. A Model of Stock Market Bubbles and Crashes 4. Empirical Studies on Speculative Bubbles and Crashes 5. Conclusion

Product details

• Authors: Taisei Kaizoji, Taisei (International Christian Universit Kaizoji, Taisei (International Christian University Kaizoji, Kaizoji Taisei
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Release: 31.10.2015, delayed
• EAN: 9781138789432
• ISBN: 978-1-138-78943-2
• No. of pages: 256
• Series: Routledge Advances in Experimental and Computable Economics; Routledge Advances in Experimental and Computable Economics
• Subjects: Natural sciences, medicine, IT, technology > Physics, astronomy > General, dictionaries; Social sciences, law, business > Business > Business administration; Business & Economics / General, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Finance / General, Economic theory & philosophy, Life sciences: general issues, Investment & securities, Econometrics, Statistical physics, Investment and securities, Economic theory and philosophy, Econometrics and economic statistics