Famous First Bubbles

Famous First Bubbles

The Fundamentals of Early Manias

Book - 2000
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The jargon of economics and finance contains numerous colourful terms for market-asset prices at odds with any reasonable economic explanation. Examples include bubble, tulipmania, chain letter, Ponzi scheme, panic, crash, herding and irrational exuberance. Although such a term suggests that an event is inexplicably crowd-driven, what it really means, claims Peter Garber, is that we have grasped a near-empty explanation rather than expend the effort to understand the event.
Publisher: Cambridge, Mass. : MIT Press, [2000]
Copyright Date: ©2000
ISBN: 9780262072045
Branch Call Number: 332.63228 G163F 2000
Characteristics: xi, 163 pages : illustrations, map ; 21 cm


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