Akademibokhandeln
Jocelyn Pixley - Emotions in Finance, Häftad

Häftad, Engelska, 2012

Emotions in Finance

Booms, Busts and Uncertainty

Av Jocelyn Pixley

869 kr

Beställningsvara. Skickas inom 5-8 vardagar. Fri frakt för medlemmar vid köp för minst 249 kr.

Beskrivning
Money is a promise with future benefits or dangers that are unknowable and incalculable. The financial sector is an attempt to beat uncertainty by speculating on whether prices will rise or fall. No matter how often the folly of this opportunism is shown through crisis after crisis of trust, efforts to defeat uncertainty persist. Yet uncertainty is unavoidable. Squeezed in one place, it emerges in another. Based on extensive interviews with leading actors in the financial sector, this book argues that the only way to cope with uncertainty is by relying on emotions and values. It presents an original explanation of how booms and busts arise from internal disputes over the emotions of trust between global financial corporations. Confidence and suspicion alternate between which strategy may beat competitors and who is cheating whom. Just as the first edition warned of continuing dangers in finance's betrayal of society's trust, this new edition provides a sociological explanation of how these irrational quests for certainty contributed to the current financial crisis in the credibility of money.
Produktinformation
  • Utgivningsdatum: 2012-05-17
  • Mått: 150 x 224 x 15 mm
  • Vikt: 499 g
  • Format: Häftad
  • Språk: Engelska
  • Antal sidor: 304
  • Upplaga: 2
  • Förlag: Cambridge University Press
  • ISBN: 9781107633377
Utforska kategorier
Mer information

Jocelyn Pixley is Honorary Senior Research Fellow in the Department of Sociology at Macquarie University, Sydney, and Professorial Research Fellow at the Global Policy Institute, London Metropolitan University. She is the author of Citizenship and Employment (Cambridge University Press, 1993).

Recensioner i media

'In the path-breaking first edition of Emotions [in] Finance, Jocelyn Pixley presciently argued three years before the crises broke in 2007 that the capitalist financial system is fragile and vulnerable. In contrast to the mistaken certainties of academic 'finance theory', she argued that the value of assets and contracts is not amenable to precise calculation - as the unresolved financial crises have once again made all too clear. In this revised edition, her fully vindicated thesis is vigorously and eloquently reasserted. The ineradicable uncertainty of the financial world can at best only be managed with the construction of impersonal trust … Acute and probing interviews with bankers, traders, journalists and other participants in the financial system provide a unique insight into this ongoing quest for trust and how - when this fails - the inevitable consequential crises are faced and interpreted.' Geoffrey Ingham, University of Cambridge

Butikslager

Ej i lager i butik.

Betyg & recensioner

0 recensioner

Inga recensioner tillgängliga.