000 02192nam a22003137a 4500
001 sulb-eb0017407
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 _c38845
_d38845