Beyond Mechanical Markets : Asset Price Swings, Risk, and the Role of the State
Book Details
Format
Hardback or Cased Book
ISBN-10
0691145776
ISBN-13
9780691145778
Publisher
Princeton University Press
Imprint
Princeton University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Feb 27th, 2011
Print length
288 Pages
Weight
572 grams
Dimensions
24.00 x 15.90 x 2.30 cms
Product Classification:
Behavioural economicsPolitical economyFinance
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Ksh 5,400.00
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In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. This title shows how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies.
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