![](/Images/spacer.gif) |
![](/Images/menu_shadow.gif)
![](/Images/menu_shadow.gif)
|
![](/Images/spacer.gif) |
Item Details
Title:
|
UNDERSTANDING PONZI SCHEMES
CAN BETTER FINANCIAL REGULATION PREVENT INVESTORS FROM BEING DEFRAUDED? |
By: |
Mervyn K. Lewis |
Format: |
Hardback |
![](/Images/divider_itemdetail_1a.gif)
List price:
|
£94.00 |
We currently do not stock this item, please contact the publisher directly for
further information.
|
|
|
|
|
ISBN 10: |
1782549099 |
ISBN 13: |
9781782549093 |
Publisher: |
EDWARD ELGAR PUBLISHING LTD |
Pub. date: |
27 November, 2015 |
Series: |
New Horizons in Money and Finance Series |
Pages: |
200 |
Description: |
A Ponzi scheme is one of the simplest, albeit effective, financial frauds to engineer, and new schemes keep coming forward. Despite this, however, people continue to invest in them. |
Synopsis: |
A Ponzi scheme is one of the simplest, albeit effective, financial frauds to engineer, and new schemes keep coming forward. Despite this, however, people continue to invest in them. How are we to account for the seemingly never-ending lure of such schemes? In providing answers to this central question, this concise and well-researched book examines how Ponzi schemes operate, how they differ from pyramid schemes, Ponzi finance and other financial arrangements. The author questions whether the victims have only themselves to blame, why fraudsters think that they can avoid detection, and what important insights behavioural finance theory and psychology can add. Particular attention is paid to the reasons behind the failure of financial regulation, and the types of regulatory changes needed to protect investors and avoid repetitions. The analysis is informed by case studies of 11 Ponzi schemes in the US, UK, Australia and New Zealand.Finance and business academics interested in the operation of Ponzi schemes, and how they differ from pyramid schemes, will find this book invaluable, as will students of economics, finance, behavioural decision-making and psychology. Lawyers, psychologists, regulatory agencies and financial institutions will also benefit considerably from the analysis. |
Publication: |
UK |
Imprint: |
Edward Elgar Publishing Ltd |
Returns: |
Returnable |
|
|
|
![](/images/spacer.gif) |
![](images/menu_shadow2.gif)
Ramadan and Eid al-Fitr
A celebratory, inclusive and educational exploration of Ramadan and Eid al-Fitr for both children that celebrate and children who want to understand and appreciate their peers who do.
![](/Images/menu_shadow2left.gif)
|
![](/Images/menu_shadow2left.gif)
|
![](/Images/menu_shadow2left.gif)
|
![](/Images/menu_shadow2left.gif)
|
![](/Images/menu_shadow2left.gif)
|
![](/Images/menu_shadow2left.gif)
|
![](/Images/menu_shadow2left.gif)
|
![](/Images/menu_shadow2left.gif)
|
![](/Images/menu_shadow2left.gif)
|
|
![](/Images/spacer.gif) |