TY - BOOK AU - Shiller,Robert J. TI - Irrational exuberance SN - 0691166269 (hardcover : acidfree paper) PY - 2015///] CY - Princeton PB - Princeton University Press KW - Dow Jones industrial average KW - Real property KW - Prices KW - United States KW - Risk KW - Stock exchanges KW - Stocks N1 - Includes bibliographical references (pages 321-338) and index; Preface to the third edition -- Preface to the second edition, 2005 -- Preface to the first edition, 2000 -- The stock market in historical perspective -- The bond market in historical perspective -- The real estate market in historical perspective -- Part 1. Structural factors. Precipitating factors : the Internet, the capitalist explosion, and other events ; Amplification mechanisms : naturally occurring Ponzi processes -- Part 2: Cultural factors. The news media ; New era economic thinking ; New eras and bubbles around the world -- Part 3: Psychological factors. Psychological anchors for the market ; Herd behavior and epidemics -- Part 4: Attempts to rationalize exuberance. Efficient markets, random walks, and bubbles ; Investor learning- and unlearning -- Part 5: A call to action. Speculative volatility in a free society -- Appendix: Nobel Prize lecture: Speculative asset prices ER -