Irrational exuberance
By: Robert J. Shiller
Edition: Revised and expanded third edition.
Publisher: Princeton University Press
Published: 2015
Language: eng
Number of pages: 358
ISBN-13: 9780691166261
Subjects: Risk; Stock exchanges; Prices; Real property; Stocks; Dow Jones industrial average
Notes: Includes bibliographical references (pages 321-338) and index.
Table of contents: title: Preface to the third edition; title: Preface to the second edition, 2005; title: Preface to the first edition, 2000; title: The stock market in historical perspective; title: The bond market in historical perspective; title: The real estate market in historical perspective; title: Part 1. Structural factors.  Precipitating factors : the Internet, the capitalist explosion, and other events ; Amplification mechanisms : naturally occurring Ponzi processes; title: Part 2: Cultural factors.  The news media ; New era economic thinking ; New eras and bubbles around the world; title: Part 3: Psychological factors.  Psychological anchors for the market ; Herd behavior and epidemics; title: Part 4: Attempts to rationalize exuberance.  Efficient markets, random walks, and bubbles ; Investor learning- and unlearning; title: Part 5: A call to action.  Speculative volatility in a free society; title: Appendix: Nobel Prize lecture: Speculative asset prices.