Behavioral Beats

  • Harold L. Vogel


As compared to approaches relying predominantly on the neoclassical rationality presumption, behavioral and emotional studies provide important insights about how bubbles and crashes evolve and dissolve. The review of biases, herding, anomalies, and other such features presented here provides an important bridge to the elasticity-of-variance approach that is developed in the chapters that follow.


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Authors and Affiliations

  • Harold L. Vogel
    • 1
  1. 1.New YorkUSA

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