The Olympic Bid Cycle as a form of irrational investing: an application of Minskyian theory
Host city bidding for the Olympic Games appears to constitute a form of pro-cyclical irrational investing that leads to multi-billion dollar economic and financial shortfalls and budget over-runs with 100% consistency. The utilisation of Minsky’s Financial Instability Hypothesis (FIH) and Credit Cyc...
| Authors: | ; |
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| Format: | Electronic Article |
| Language: | English |
| Published: |
2017
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| In: |
Cogent social sciences
Year: 2017, Volume: 3, Issue: 1 |
| Online Access: |
Presumably Free Access Volltext (Resolving-System) |
| Journals Online & Print: | Drawer...
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| Check availability: | HBZ Gateway |
| Keywords: |