Capital Ideas and Market Realities: Option Replication, Investor Behavior, and Stock Market Crashes

By (author): "Bruce I. Jacobs"
Genres:Buisness books  
Publish Date: 1999
Capital Ideas and Market Realities: Option Replication, Investor Behavior, and Stock Market Crashes
ISBN0631215549
ISBN139780631215547
AsinCapital Ideas and Market Realities: Option Replication, Investor Behavior, and Stock Market Crashes
Original titleCapital Ideas and Market Realities: Option Replication, Investor Behavior, and Stock Market Crashes
Bruce Jacobs sifts through the history of modern finance, from the efficient market hypothesis to behavioral psychology and chaos theory, to determine the cause of recent market crashes. Includes a Foreword from Nobel Laureate Harry M. Markowitz.Showcases the expertise of an author who identified and predicted the causes of 1987, 1997 and 1998 crashes.Explains the risks of little-understood option replication.Offers chapter summaries, appendices and a glossary.