When Everyone Runs for the Exit - Couverture souple

Pedersen, Lasse

Couverture souple

ISBN 10 : 1025084993 ISBN 13 : 9781025084992

Editeur : Hutson Street Press, 2025

Synopsis

The dangers of shouting "fire" in a crowded theater are well understood, but the dangers of rushing to the exit in the financial markets are more complex. Yet, the two events share several features, and I analyze why people crowd into theaters and trades, why they run, what determines the risk, whether to return to the theater or trade when the dust settles, and how much to pay for assets (or tickets) in light of this risk. These theoretical considerations shed light on the recent global liquidity crisis and, in particular, the quant event of 2007.

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Détails de l'édition

• Éditeur: Hutson Street Press
• Date d'édition: 2025
• Langue: anglais
• ISBN 10: 1025084993
• ISBN 13: 9781025084992
• Reliure: Broché
• Nombre de pages: 24
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible