An Emotional High for Stocks?

+ See all authors and affiliations

Science  30 Jun 2000:
Vol. 288, Issue 5475, pp. 2323
DOI: 10.1126/science.288.5475.2323

You are currently viewing the summary.

View Full Text

Via your Institution

Log in through your institution

Log in through your institution


Irrational Exuberance. Robert J. Shiller. Princeton University Press, Princeton, NJ, 2000. 318 pp. $27.95, £17.50. ISBN 0-691-05062-7.

In addition to arguing that the current U.S. stock market is overvalued, Shiller makes a strong case for interpreting the financial economics from a behavioral perspective that emphasizes psychological factors rather than rational choices.

Related Content