Home  Journals  Finance and Credit  15(447) - 2011 April

The irrational components of the modern financial market

Available online: 8 April 2011

Subject Heading: The financial market

JEL Classification: 

Despite current restoration, occurrence of speculative bubbles in the financial markets remains the inevitable phenomenon, whether rational agents operate in the markets and whether measures on elimination of speculation are taken. Irrationality of the markets and/or behavioral irrationality of its agents keep creating conditions of new speculative bubbles formation in financial markets.

Keywords: arbitrage, assets, bubbles, crisis, financial market, irrationality, speculation

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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