Modelling animal spirits in financial markets

The term 'animal spirits' was introduced by Keynes to describe the entrepreneur's often irrational optimism and drive to act as opposed to basing decisions on formal analysis. This PhD thesis provides an analysis, both theoretical and empirical, of this phenomenon in the financial mar...

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Bibliographic Details
Main Author: Andruszkiewicz, Grzegorz
Other Authors: Davis, Mark H. A.
Published: Imperial College London 2014
Subjects:
510
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.656635