How beliefs shape financial markets and expose the economy to major
risks The collapse of Lehman Brothers in September 2008 caught
markets and regulators by surprise. Nicola Gennaioli and Andrei
Shleifer walk readers through the unraveling of Lehman and the
ensuing meltdown of the US financial system, and present new
evidence to illustrate the destabilizing role played by the beliefs
of home buyers, investors, and regulators. Using the latest
research in psychology and behavioral economics, they present a new
theory of belief formation that explains why the financial crisis
came as such a shock to so many people-and how financial and
economic instability persist. A Crisis of Beliefs is a must-read
for anyone seeking to navigate today's unpredictable financial
waters.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
