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Beyond Mechanical Markets

By: Roman Frydman (Author) , Michael D. Goldberg (Author)

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Ksh 6,100.00

Format: Hardback or Cased Book

ISBN-13: 9780691145778

Publisher: Princeton University Press

Publication Date: Feb 27th, 2011

Weight: 572 grams

Dimension: 24.00 x 15.90 x 2.30 cms

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In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. This title shows how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies.

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