Cantitate/Preț
Produs

Nonlinear Dynamics of Financial Crises: How to Predict Discontinuous Decisions

Autor Ionut Purica
en Limba Engleză Paperback – 8 apr 2015
When just a handful of economists predicted the 2008 financial crisis, people should wonder how so many well educated people with enormous datasets and computing power can be so wrong. In this short book Ionut Purica joins a growing number of economists who explore the failings of mainstream economics and propose solutions developed in other disciplines, such as sociology and evolutionary biology. While it might be premature to call for a revolution, Dr. Purica echoes John Maynard Keynes in believing that economic ideas are "dangerous for good or evil." In recent years evil seems to have had the upper hand. "Nonlinear Dynamics of Financial Crises" points to their ability to do good.


  • Makes complex economics ideas accessible by carefully explaining technical terms and minimizing mathematics and equations
  • Delivers easily-understood perspectives about the global economy by constructing broad assumptions and conclusions in the face of its infinitely complexity
  • Challenges received economic ideas by focusing on human behavior and the roles it plays in easily-observable recent trends and events
Citește tot Restrânge

Preț: 18086 lei

Preț vechi: 21369 lei
-15% Nou

Puncte Express: 271

Preț estimativ în valută:
3462 3567$ 2922£

Carte tipărită la comandă

Livrare economică 24 februarie-10 martie

Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9780128032756
ISBN-10: 0128032758
Pagini: 124
Dimensiuni: 152 x 229 x 8 mm
Greutate: 0.23 kg
Editura: ELSEVIER SCIENCE

Public țintă

Upper-division undergraduates, graduate students, and professionals working in all areas of finance

Cuprins

1. Introduction 2. Evolution of Financial Crises 3. The Socio-Cultural Niche 4. Occupy the Financial Niche – Saturation and Crisis 5 Monitoring Issues and Measuring the Change 6. Non-Linear Effects in Market Penetration – Deterministic Chaos 7. Conclusions – Do We Want to Eliminate the Crises? A.1 Evolution of Models in Relation to Crisis Cycles A.2 Logistic Map

Recenzii

"Ionut Purica explores the perplexing problem of financial crises dynamics from a non-traditional economics approach. The progressive methodology and applications make the book ideal for students, researchers, and market practitioners." --Fotis Papailias, Queen's University Management School, Belfast
"Dr. Purica provides a unique perspective on the life-cycle of financial crises. By equating financial instruments to 'memes' he provides new insight into the evolutionary dynamics of financial innovation. His illustration using CDO’s and the recent financial crisis is one specific application of this approach that I think many will find interesting." --Michael B. Imerman, Lehigh University

Descriere

When just a handful of economists predicted the 2008 financial crisis, people should wonder how so many well educated people with enormous datasets and computing power can be so wrong. In this short book Ionut Purica joins a growing number of economists who explore the failings of mainstream economics and propose solutions developed in other disciplines, such as sociology and evolutionary biology. While it might be premature to call for a revolution, Dr. Purica echoes John Maynard Keynes in believing that economic ideas are "dangerous for good or evil." In recent years evil seems to have had the upper hand. "Nonlinear Dynamics of Financial Crises" points to their ability to do good. * Makes complex economics ideas accessible by carefully explaining technical terms and minimizing mathematics and equations* Delivers easily-understood perspectives about the global economy by constructing broad assumptions and conclusions in the face of its infinitely complexity * Challenges received economic ideas by focusing on human behavior and the roles it plays in easily-observable recent trends and events