The Resource A Crisis of Beliefs : Investor Psychology and Financial Fragility, Andrei Shleifer, Nicola Gennaioli

A Crisis of Beliefs : Investor Psychology and Financial Fragility, Andrei Shleifer, Nicola Gennaioli

Label
A Crisis of Beliefs : Investor Psychology and Financial Fragility
Title
A Crisis of Beliefs
Title remainder
Investor Psychology and Financial Fragility
Statement of responsibility
Andrei Shleifer, Nicola Gennaioli
Creator
Contributor
Author
Subject
Language
  • eng
  • eng
Summary
How investor expectations move markets and the economyThe collapse of Lehman Brothers in September 2008 caught markets and regulators by surprise. Although the government rushed to rescue other financial institutions from a similar fate after Lehman, it could not prevent the deepest recession in postwar history. A Crisis of Beliefs makes us rethink the financial crisis and the nature of economic risk. In this authoritative and comprehensive book, two of today's most insightful economists reveal how our beliefs shape financial markets, lead to expansions of credit and leverage, and expose the economy to major risks.Nicola Gennaioli and Andrei Shleifer carefully walk readers through the unraveling of Lehman Brothers and the ensuing meltdown of the US financial system, and then 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 must-read for anyone seeking insights into financial markets, A Crisis of Beliefs shows how even the smartest market participants and regulators did not fully appreciate the extent of economic risk, and offers a new framework for understanding today's unpredictable financial waters
Cataloging source
DE-B1597
http://library.link/vocab/creatorName
Gennaioli, Nicola
Government publication
other
Language note
In English
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
Shleifer, Andrei
http://library.link/vocab/subjectName
  • Global Financial Crisis, 2008-2009
  • Stockholders
  • BUSINESS & ECONOMICS / Economic History
Target audience
specialized
Label
A Crisis of Beliefs : Investor Psychology and Financial Fragility, Andrei Shleifer, Nicola Gennaioli
Instantiates
Publication
Copyright
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • CHAPTER 5 Representativeness and Diagnostic Beliefs
  • CHAPTER 6 Diagnostic Expectations and Credit Cycles
  • CHAPTER 7 Open Problems
  • Appendix: Proofs
  • References
  • Index
  • Frontmatter
  • CONTENTS
  • ACKNOWLEDGMENTS
  • Introduction
  • CHAPTER 1 The Financial Crisis of 2008
  • CHAPTER 2 What Were They Thinking?
  • CHAPTER 3 A Neglected Risk Model of the Financial Crisis
  • CHAPTER 4 Extrapolation in Financial Markets
Extent
1 online resource
Form of item
online
Isbn
9780691184920
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.23943/9780691184920
Specific material designation
remote
System control number
  • (DE-B1597)501226
  • (OCoLC)1044733766
  • (DE-B1597)9780691184920
Label
A Crisis of Beliefs : Investor Psychology and Financial Fragility, Andrei Shleifer, Nicola Gennaioli
Publication
Copyright
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • CHAPTER 5 Representativeness and Diagnostic Beliefs
  • CHAPTER 6 Diagnostic Expectations and Credit Cycles
  • CHAPTER 7 Open Problems
  • Appendix: Proofs
  • References
  • Index
  • Frontmatter
  • CONTENTS
  • ACKNOWLEDGMENTS
  • Introduction
  • CHAPTER 1 The Financial Crisis of 2008
  • CHAPTER 2 What Were They Thinking?
  • CHAPTER 3 A Neglected Risk Model of the Financial Crisis
  • CHAPTER 4 Extrapolation in Financial Markets
Extent
1 online resource
Form of item
online
Isbn
9780691184920
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.23943/9780691184920
Specific material designation
remote
System control number
  • (DE-B1597)501226
  • (OCoLC)1044733766
  • (DE-B1597)9780691184920

Library Locations

  • African Studies LibraryBorrow it
    771 Commonwealth Avenue, 6th Floor, Boston, MA, 02215, US
    42.350723 -71.108227
  • Alumni Medical LibraryBorrow it
    72 East Concord Street, Boston, MA, 02118, US
    42.336388 -71.072393
  • Astronomy LibraryBorrow it
    725 Commonwealth Avenue, 6th Floor, Boston, MA, 02445, US
    42.350259 -71.105717
  • Fineman and Pappas Law LibrariesBorrow it
    765 Commonwealth Avenue, Boston, MA, 02215, US
    42.350979 -71.107023
  • Frederick S. Pardee Management LibraryBorrow it
    595 Commonwealth Avenue, Boston, MA, 02215, US
    42.349626 -71.099547
  • Howard Gotlieb Archival Research CenterBorrow it
    771 Commonwealth Avenue, 5th Floor, Boston, MA, 02215, US
    42.350723 -71.108227
  • Mugar Memorial LibraryBorrow it
    771 Commonwealth Avenue, Boston, MA, 02215, US
    42.350723 -71.108227
  • Music LibraryBorrow it
    771 Commonwealth Avenue, 2nd Floor, Boston, MA, 02215, US
    42.350723 -71.108227
  • Pikering Educational Resources LibraryBorrow it
    2 Silber Way, Boston, MA, 02215, US
    42.349804 -71.101425
  • School of Theology LibraryBorrow it
    745 Commonwealth Avenue, 2nd Floor, Boston, MA, 02215, US
    42.350494 -71.107235
  • Science & Engineering LibraryBorrow it
    38 Cummington Mall, Boston, MA, 02215, US
    42.348472 -71.102257
  • Stone Science LibraryBorrow it
    675 Commonwealth Avenue, Boston, MA, 02445, US
    42.350103 -71.103784
Processing Feedback ...