000			02192nam a22003137a 4500
001			sulb-eb0017405
003			BD-SySUS
005			20160405140653.0
008			110506s2012||||enk o ||1 0|eng|d
020			_a9781139084567 (ebook)
020			_z9781107633377 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP _dBD-SySUS.
050	0	0	_aHG101 _b.P59 2012
082	0	0	_a332/.042019 _223
100	1		_aPixley, Jocelyn, _eauthor.
245	1	0	_aEmotions in Finance : _bBooms, Busts and Uncertainty / _cJocelyn Pixley.
250			_a2nd ed.
264		1	_aCambridge : _bCambridge University Press, _c2012.
300			_a1 online resource (304 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aTitle from publisher's bibliographic system (viewed on 04 Apr 2016).
520			_aMoney is a promise with future benefits or dangers that are unknowable and incalculable. The financial sector is an attempt to beat uncertainty by speculating on whether prices will rise or fall. No matter how often the folly of this opportunism is shown through crisis after crisis of trust, efforts to defeat uncertainty persist. Yet uncertainty is unavoidable. Squeezed in one place, it emerges in another. Based on extensive interviews with leading actors in the financial sector, this book argues that the only way to cope with uncertainty is by relying on emotions and values. It presents an original explanation of how booms and busts arise from internal disputes over the emotions of trust between global financial corporations. Confidence and suspicion alternate between which strategy may beat competitors and who is cheating whom. Just as the first edition warned of continuing dangers in finance's betrayal of society's trust, this new edition provides a sociological explanation of how these irrational quests for certainty contributed to the current financial crisis in the credibility of money.
650		0	_aUncertainty
776	0	8	_iPrint version: _z9781107633377
856	4	0	_uhttp://dx.doi.org/10.1017/CBO9781139084567
942			_2Dewey Decimal Classification _ceBooks
999			_c38843 _d38843