Hidden Collective Factors in Speculative Trading
| Author | : Bertrand M. Roehner |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 252 |
| Release | : 2013-03-14 |
| ISBN-10 | : 9783662044285 |
| ISBN-13 | : 3662044285 |
| Rating | : 4/5 (285 Downloads) |
Download or read book Hidden Collective Factors in Speculative Trading written by Bertrand M. Roehner and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a unified mathematical theory of speculation. Besides analysing stock markets, the book considers a wide range of speculative markets such as: real estate, commodities, postage-stamps, and antiquarian books. Various regularities are discussed. For instance, during a speculative episode, the price of expensive items increases more than the price of less expensive items. Such regularities pave the way for a mathematical theory of speculation. Being mainly empirical, the book is easy to read and does not require technical prerequisites in finance, economics or mathematics.
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