Irrational Exuberance:Revised and Expanded Third Edition

by: Robert J. Shiller

ISBN-10: 0691173125

ISBN-13: 9780691173122

Edition: 3
Released:2016-08-16

Paperback: 392 pages
List Price
Table of contents:
Content:Preface to the third edition --
Preface to the second edition, 2005 --
Preface to the first edition, 2000 --
The stock market in historical perspective --
The bond market in historical perspective --
The real estate market in historical perspective --
Part 1. Structural factors. Precipitating factors:the Inteet, the capitalist explosion, and other events
Amplification mechanisms:naturally occurring Ponzi processes --
Part 2. Cultural factors. The news media
New era economic thinking
New eras and bubbles around the world --
Part 3. Psychological factors. Psychological anchors for the market
Herd behavior and epidemics --
Part 4. Attempts to rationalize exuberance. Efficient markets, random walks, and bubbles
Investor leaing and unleaing --
Part 5. A call to action. Speculative volatility in a free society --
Appendix. Nobel Prize lecture:Speculative asset prices.