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Bubbles in Credit and Currency

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Brand
Springer Nature
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N/A
Part Number
0
GTIN
9780230227682
Condition
New
Product Description

Drawing on behavioral finance theory and contemporary experience, this bookexplores how bubbles form and subsequently burst. The author introduces a new concept of swings in market temperature defined by the extent of heterogeneity of opinion and soft irrationality, and examines the importance of these swings in the credit markets.

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