Speculation, Trading, and Bubbles

Speculation, Trading, and Bubbles PDF Author: José A. Scheinkman
Publisher: Columbia University Press
ISBN: 0231537638
Category : Business & Economics
Languages : en
Pages : 137

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Book Description
As long as there have been financial markets, there have been bubbles—those moments in which asset prices inflate far beyond their intrinsic value, often with ruinous results. Yet economists are slow to agree on the underlying forces behind these events. In this book José A. Scheinkman offers new insight into the mystery of bubbles. Noting some general characteristics of bubbles—such as the rise in trading volume and the coincidence between increases in supply and bubble implosions—Scheinkman offers a model, based on differences in beliefs among investors, that explains these observations. Other top economists also offer their own thoughts on the issue: Sanford J. Grossman and Patrick Bolton expand on Scheinkman's discussion by looking at factors that contribute to bubbles—such as excessive leverage, overconfidence, mania, and panic in speculative markets—and Kenneth J. Arrow and Joseph E. Stiglitz contextualize Scheinkman's findings.

Speculative Markets

Speculative Markets PDF Author: Robert A. Strong
Publisher: Longman Financial Services Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
Contents: Basic Option Principles and Strategies; Option Pricing; Derivative Assets; Contemporary Issues; Gold and Other Metals; Diamonds; Precious Gems and Rare Coins. Apendixes. Glossary. Answer Key for Selected Problems. References. Subject Index. This includes some special highlights: boxes around keypoints, key-terms lists and profiles of industry personnel. Over 30 charts and diagrams illustrating trading strategies.

Astro-cycles and Speculative Markets

Astro-cycles and Speculative Markets PDF Author: Luther J. Jensen
Publisher: Health Research Books
ISBN: 9780939093113
Category : Business & Economics
Languages : en
Pages : 164

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Book Description


Stock Markets, Speculative Bubbles and Economic Growth

Stock Markets, Speculative Bubbles and Economic Growth PDF Author: Mathias Binswanger
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
Examining the role of speculative bubbles in the stock market, this text argues that, provided they are sustainable, bubbles may have a positive effect on the market. They may provide additional investment opportunities with the potential to increase aggregate profits and improve economic welfare.

Speculative Enterprise

Speculative Enterprise PDF Author: Mattie Burkert
Publisher:
ISBN: 9780813945958
Category :
Languages : en
Pages : 272

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Book Description
In the wake of the 1688 revolution, England's transition to financial capitalism accelerated dramatically. Londoners witnessed the rise of credit-based currencies, securities markets, speculative bubbles, insurance schemes, and lotteries. Many understood these phenomena in terms shaped by their experience with another risky venture at the heart of London life: the public theater. Speculative Enterprise traces the links these observers drew between the operations of Drury Lane and Exchange Alley, including their hypercommercialism, dependence on collective opinion, and accessibility to people of different classes and genders. Mattie Burkert identifies a discursive "theater-finance nexus" at work in plays by Colley Cibber, Richard Steele, and Susanna Centlivre as well as in the vibrant eighteenth-century media landscape. As Burkert demonstrates, the stock market and the entertainment industry were recognized as deeply interconnected institutions that, when considered together, illuminated the nature of the public more broadly and gave rise to new modes of publicity and resistance. In telling this story, Speculative Enterprise combines methods from literary studies, theater and performance history, media theory, and work on print and material culture to provide a fresh understanding of the centrality of theater to public life in eighteenth-century London.

Speculative Markets

Speculative Markets PDF Author: Kristin Peterson
Publisher: Duke University Press
ISBN: 0822376474
Category : Social Science
Languages : en
Pages : 383

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Book Description
In this unprecedented account of the dynamics of Nigeria's pharmaceutical markets, Kristin Peterson connects multinational drug company policies, oil concerns, Nigerian political and economic transitions, the circulation of pharmaceuticals in the Global South, Wall Street machinations, and the needs and aspirations of individual Nigerians. Studying the pharmaceutical market in Lagos, Nigeria, she places local market social norms and credit and pricing practices in the broader context of regional, transnational, and global financial capital. Peterson explains how a significant and formerly profitable African pharmaceutical market collapsed in the face of U.S. monetary policies and neoliberal economic reforms, and she illuminates the relation between that collapse and the American turn to speculative capital during the 1980s. In the process, she reveals the mutual constitution of financial speculation in the drug industry and the structural adjustment plans that the IMF imposed on African nations. Her book is a sobering ethnographic analysis of the effects of speculation and "development" as they reverberate across markets and continents, and play out in everyday interpersonal transactions of the Lagos pharmaceutical market.

Speculation, Trading, and Bubbles

Speculation, Trading, and Bubbles PDF Author: José A. Scheinkman
Publisher: Columbia University Press
ISBN: 0231537638
Category : Business & Economics
Languages : en
Pages : 137

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Book Description
As long as there have been financial markets, there have been bubbles—those moments in which asset prices inflate far beyond their intrinsic value, often with ruinous results. Yet economists are slow to agree on the underlying forces behind these events. In this book José A. Scheinkman offers new insight into the mystery of bubbles. Noting some general characteristics of bubbles—such as the rise in trading volume and the coincidence between increases in supply and bubble implosions—Scheinkman offers a model, based on differences in beliefs among investors, that explains these observations. Other top economists also offer their own thoughts on the issue: Sanford J. Grossman and Patrick Bolton expand on Scheinkman's discussion by looking at factors that contribute to bubbles—such as excessive leverage, overconfidence, mania, and panic in speculative markets—and Kenneth J. Arrow and Joseph E. Stiglitz contextualize Scheinkman's findings.

Hidden Collective Factors in Speculative Trading

Hidden Collective Factors in Speculative Trading PDF Author: Bertrand M. Roehner
Publisher: Springer Science & Business Media
ISBN: 3662044285
Category : Business & Economics
Languages : en
Pages : 252

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Book Description
This book contains a unified mathematical theory of speculation. Besides analysing stock markets, the book considers a wide range of speculative markets such as: real estate, commodities, postage-stamps, and antiquarian books. Various regularities are discussed. For instance, during a speculative episode, the price of expensive items increases more than the price of less expensive items. Such regularities pave the way for a mathematical theory of speculation. Being mainly empirical, the book is easy to read and does not require technical prerequisites in finance, economics or mathematics.

Speculative Communities

Speculative Communities PDF Author: Aris Komporozos-Athanasiou
Publisher: University of Chicago Press
ISBN: 0226816028
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
"In Speculative Communities, Komporozos-Athanasiou examines the ways that financial speculation has moved beyond markets to shape fundamental aspects of our social and political lives. As ordinary people make exceptional decisions--such as the American election of a populist demagogue or the British vote to leave the European Union--they are moving from time-honored and -tested practices of governance, toward the speculative promise of a different kind of future. Even our methods of building community have shifted to the speculative realm as social media platforms enable and amplify alternative visions of the present and future-these are the "speculative communities" that now shape our personal and political realities. For Komporozos-Athanasiou, "to speculate" means increasingly "to connect," to endorse uncertainty preemptively, and often daringly, as a means of social survival. Finance has thus become the model for society writ large. These financial systems have taken a notable turn in our current era, however. Contemporary capitalism sees the risk-taking, entrepreneurial person being refashioned as a politically disoriented, speculative subject, who embraces the future's radical uncertainty rather than averting it. As Komporozos-Athanasiou shows, virtual marketplaces, new social media, and dating apps function as finance's speculative infrastructures, leading to a new type of imagination across economy and society"--

Economists and the Stock Market

Economists and the Stock Market PDF Author: J. Patrick Raines
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
The recent global financial crisis and role of the stock market led to many questioning how the international financial system operates. The authors of this book offer insights into these issues, contrasting speculative explanations with the efficient markets hypothesis.

Speculation

Speculation PDF Author: Thomas Temple Hoyne
Publisher:
ISBN:
Category : Speculation
Languages : en
Pages : 292

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Book Description