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Stock market crashes: predictable and unpredictable and whatto do about them

Ziemba, William T. et al.

₹ 795.00

This book presents studies of stock market crashes big and small that occur from bubbles bursting or other reasons. By a bubble we mean that prices are rising just because they are rising and that prices exceed fundamental values. A bubble can be a large rise in prices followed by a steep fall. The focus is on determining if a bubble actually exists, on models to predict stock market declines in bubble-like markets and exit strategies from these bubble-like markets. We list historical great bubbles of various markets over hundreds of years.

ISBN 13: 9780000987723

ISBN 10: 0000987727

Year: 2019

Language: ENGLISH

Pages etc.: 308p., 23x15cm.

Binding: Paperback

Subject(s): Economics

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