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Please note: This is a companion version & not the original book.
Book Preview: #1 Irrational exuberance is the psychological basis of a speculative bubble. I define a speculative bubble as a situation in which news of price increases spurs investor enthusiasm, which spreads by psychological contagion from person to person, and in the process, amplifies stories that justify the price increase.
#2 The Dow Jones Industrial Average, a stock market...
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English
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"Robert J. Shiller, Co-Winner of the 2013 Nobel Prize in Economics" "Winner of the 2000 Commonfund Prize for the Best Contribution to Endowment Management Research" Robert J. Shiller, the recipient of the 2013 Nobel Prize in economics, is a bestselling author, a regular contributor to the Economic View column of the New York Times, and a professor of economics at Yale University. For more information, please go to www.irrationalexuberance.com.
Why...