Speculation, Trading, and Bubbles

by José A. Scheinkman

As long as there have been financial markets, there have been bubbles--those moments in which asset prices inflate far beyond their intrinsic value, often with ruinous results. Yet economists are slow to agree on the underlying forces behind these events. In this book Jos A. Scheinkman offers new insight into the mystery of bubbles. Noting some general characteristics of bubbles--such as the rise in trading volume and the coincidence between increases...

• Format: Hardcover
• Language: English
• ISBN: 0231159021
• ISBN13: 9780231159029
• Release Date: July 2014
• Publisher: Columbia University Press
• Length: 128 Pages
• Weight: 0.74 lbs.
• Dimensions: 0.8" x 5.7" x 8.3"
• Grade Range: Postsecondary and higher