Irrational Exuberance
Robert J. Shiller analyzes the psychological forces behind market bubbles and offers a framework for understanding economic volatility and investor behavior.
About This Book
Irrational Exuberance explores the psychological and structural factors that drive market volatility and asset bubbles.
The book examines historical patterns of speculation across different asset classes and time periods.
It provides insights into how investor behavior and media influence can lead to unsustainable market conditions.
Readers gain a deeper understanding of economic cycles and the risks associated with herd mentality in financial markets.
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