001441729 000__ 03784cam\a2200541Ii\4500 001441729 001__ 1441729 001441729 003__ OCoLC 001441729 005__ 20230309003341.0 001441729 006__ m\\\\\o\\d\\\\\\\\ 001441729 007__ cr\cn\nnnunnun 001441729 008__ 220124s2021\\\\sz\a\\\\ob\\\\001\0\eng\d 001441729 019__ $$a1290813983$$a1290839675$$a1291315172$$a1292354706$$a1294307325 001441729 020__ $$a9783030791827$$q(electronic bk.) 001441729 020__ $$a3030791823$$q(electronic bk.) 001441729 020__ $$z9783030791810 001441729 020__ $$z3030791815 001441729 0247_ $$a10.1007/978-3-030-79182-7$$2doi 001441729 035__ $$aSP(OCoLC)1293221028 001441729 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dEBLCP$$dYDX$$dOCLCO$$dUKMGB$$dN$T$$dOCLCO$$dUKAHL$$dOCLCQ 001441729 049__ $$aISEA 001441729 050_4 $$aHG4523 001441729 08204 $$a332.0415$$223 001441729 1001_ $$aVogel, Harold L.,$$d1946-$$eauthor. 001441729 24510 $$aFinancial market bubbles and crashes :$$bfeatures, causes, and effects /$$cHarold L. Vogel. 001441729 250__ $$aThird edition. 001441729 264_1 $$aCham, Switzerland :$$bPalgrave Macmillan,$$c2021. 001441729 300__ $$a1 online resource (1 volume) :$$billustrations (black and white). 001441729 336__ $$atext$$btxt$$2rdacontent 001441729 337__ $$acomputer$$bc$$2rdamedia 001441729 338__ $$aonline resource$$bcr$$2rdacarrier 001441729 504__ $$aIncludes bibliographical references and index. 001441729 5050_ $$a1. Introduction -- 2. Bubble Stories -- 3. Crash Stories -- 4. Money and Credit Features -- 5. Random Walks -- 6. Rationality Rules -- 7. Behavioral Beats -- 8. Bubble Dynamics -- 9. Behavioral Risk Features -- 10. Estimating and Forecasting -- 11. Financial Asset Bubble Theory. 001441729 506__ $$aAccess limited to authorized users. 001441729 520__ $$aEconomists broadly define financial asset price bubbles as episodes in which prices rise with notable rapidity and depart from historically established asset valuation multiples and relationships. Financial economists have for decades attempted to study and interpret bubbles through the prisms of rational expectations, efficient markets, equilibrium, arbitrage, and capital asset pricing models, but they have not made much if any progress toward a consistent and reliable theory that explains how and why bubbles (and crashes) evolve and are defined, measured, and compared. This book develops a new and different approach that is based on the central notion that bubbles and crashes reflect urgent short-side rationing, which means that, as such extreme conditions unfold, considerations of quantities owned or not owned begin to displace considerations of price. Harold (Hal) L. Vogel was the senior entertainment industry analyst at Merrill Lynch and inducted into Institutional Investor magazines All-America Research Team Hall of Fame in 2011. Holder of a PhD in financial economics, he is also a chartered financial analyst (C.F.A.) and served as an adjunct professor at Columbia Universitys Graduate School of Business. His books include Entertainment Industry Economics: A Guide for Financial Analysis (10th edition 2020) and Travel Industry Economics: A Guide for Financial Analysis (4th edition 2021). He currently heads an independent investment and consulting firm in New York City. 001441729 588__ $$aDescription based on print version record. 001441729 650_0 $$aCapital market. 001441729 650_0 $$aFinancial crises. 001441729 650_0 $$aCommercial crimes. 001441729 650_6 $$aMarché financier. 001441729 650_6 $$aInfractions économiques. 001441729 655_0 $$aElectronic books. 001441729 77608 $$iPrint version:$$aVogel, Harold L., 1946-$$tFinancial market bubbles and crashes.$$bThird edition.$$dBasingstoke : Palgrave Macmillan, 2021$$z9783030791810$$w(OCoLC)1263792919 001441729 852__ $$bebk 001441729 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-79182-7$$zOnline Access$$91397441.1 001441729 909CO $$ooai:library.usi.edu:1441729$$pGLOBAL_SET 001441729 980__ $$aBIB 001441729 980__ $$aEBOOK 001441729 982__ $$aEbook 001441729 983__ $$aOnline 001441729 994__ $$a92$$bISE