Isbn: 9780691145778 - beyond mechanical markets: asset price swings, risk, and the role of the state (11 Ergebnisse)

Zustand: Good. Good condition. Very Good dust jacket. A copy that has been read but remains intact. May contain markings such as bookplates, stamps, limited notes and highlighting, or a few light stains.

HRD. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Zustand: good. Befriedigend/Good: Durchschnittlich erhaltenes Buch bzw. Schutzumschlag mit Gebrauchsspuren, aber vollständigen Seiten. / Describes the average WORN book or dust jacket that has all the pages present.

HRD. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Zustand: New. 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. Num Pages: 288 pages, Illustrations. BIC Classification: KCK; KCP; KFF. Category: (G) General (US: Trade); (U) Tertiary Education (US: College). Dimension: 240 x 159 x 23. Weight in Grams: 572. . 2011. Hardcover. . . . . Books ship from the US and Ireland.…

Zustand: BUONO USATO. I ED. Incorrected Advance Proof INGLESE Buono stato, coperta illustrata in cartoncino patinato semimorbido, su I.a di coperta di W. Jan Zakrzewski "Eighteen Battlefields Project", 2010, ammaccatura, punte poco sollevate e sfregate, cerniera stretta, tagli con minima presenza di fioritura, pagine ben conservate. Figure in nero. Fa parte della collana Uncorrected Advance Proof. I edizione. Numero Pagine 2.…

Hardcover. Zustand: Brand New. 304 pages. 9.75x6.50x1.00 inches. In Stock.

Zustand: New. In English.

Hardcover. Zustand: Brand New. 304 pages. 9.75x6.50x1.00 inches. In Stock.

Buch. Zustand: Neu. Neuware - 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. The problem, Roman Frydman and Michael Goldberg argue, is that both the rational and behavioral theories of the market rest on the same fatal assumption - that markets act mechanically and economic change is fully predictable. In 'Beyond Mechanical Markets', Frydman and Goldberg show how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies, and what role government can and can't play. The financial crisis, Frydman and Goldberg argue, was made more likely, if not inevitable, by contemporary economic theory, yet its core tenets remain unchanged today. In response, the authors show how imperfect knowledge economics, an approach they pioneered, provides a better understanding of markets and the financial crisis. Frydman and Goldberg deliver a withering critique of the widely accepted view that the boom in equity prices that ended in 2007 was a bubble fueled by herd psychology. They argue, instead, that price swings are driven by individuals' ever-imperfect interpretations of the significance of economic fundamentals for future prices and risk. Because swings are at the heart of a dynamic economy, reforms should aim only to curb their excesses. Showing why we are being dangerously led astray by thinking of markets as predictably rational or irrational, Beyond Mechanical Markets presents a powerful challenge to conventional economic wisdom that we can't afford to ignore.…

Zustand: New. 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 wo.