Hidden Collective Factors in Speculative Trading
A Study in Analytical Economics
Nonfiction, Science & Nature, Mathematics, Applied, Business & Finance, Finance & Investing, Finance
| Author: | Bertrand M. Roehner | ISBN: | 9783662044285 |
| Publisher: | Springer Berlin Heidelberg | Publication: | March 14, 2013 |
| Imprint: | Springer | Language: | English |
| Author: | Bertrand M. Roehner |
| ISBN: | 9783662044285 |
| Publisher: | Springer Berlin Heidelberg |
| Publication: | March 14, 2013 |
| Imprint: | Springer |
| Language: | English |
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.
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.
