Patterns of Speculation : A Study in Observational Econophysics
Editorial Reviews
Review
'I shall not attempt to summarise here Roehner's proposal for a theoretical framework that would recognise a pattern in speculative bubble situations. Professionally involved readers, for whom this book is a must-read, can enjoy discovering it for themselves as much as I did.' Rudi Bogni, The Times Higher Education Supplement
'... a rewarding and worthwhile read. As an introduction to the subject it has much to offer on the way complex problems, not just in economics or econophysics, should be addressed.' R. Toumi and P. S. Wilson, Contemporary Physics
Book Description
The main objective of this book is to show that behind the bewildering diversity of historical speculative episodes, it is possible to find hidden regularities. Speculative bubbles require the study of various episodes in order for a comparative perspective to be obtained and the analysis developed in this book follows a few simple but unconventional ideas. To that end, the author demonstrates how some of the basic concepts of dynamical system theory, such as the notions of impulse response, reaction times and frequency analysis, play an instrumental role in describing and predicting speculative behavior.
Patterns of Speculation : A Study in Observational Econophysics
Patterns of Speculation: A Study in Observational Econophysics,Bertrand M. Roehner,Cambridge University Press,0521675731,Business / Economics / Finance,Econometrics,Economics - Theory,Physics,Science,Science/Mathematics,Investment & securities,Science / Physics,Speculation
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