For the present edition four chapters have been added which form the fourth 1 part at the end of the book . As a matter of fact, the evidence provided in chapter 9 suggests that the present crisis already began to build up in the mid-1970s.
Produktinformation
Utgivningsdatum2009-09-11
Mått155 x 235 x 27 mm
Vikt666 g
FormatInbunden
SpråkEngelska
Antal sidor312
Upplaga2
FörlagSpringer-Verlag Berlin and Heidelberg GmbH & Co. KG
PROLOGUE.- Overall view of speculative markets.- HIDDEN COLLECTIVE DETERMINANTS.- Rational?.- Joint crashes.- Contagion of speculative frenzy.- REGULARITIES IN SPECULATIVE EPISODES.- Peak amplitude: the price multiplier effect.- Peak shape: the sharp peak - flat trough pattern.- Stock market bubbles.- THE TRIUMPH OF NEOLIBERALISM.- Triumph of neoliberalism in economics.- Triumph of neoliberalism in society.- Triumph of neoliberalism in finance.- Is there a way out?.
From the reviews of the first edition: "This book promises a lot. ... I found myself quite fascinated by the multitude of market events which are tabulated and carefully related to each other. ... The book is an excellent example of why the econophysics approach is so very welcome in the finance field. ... the book in general is an interesting and satisfying read." (Jessica James, Quantitative Finance, November 2001)