Irrationally Exuberant Markets

Webinar overview:

In a world of rapid innovation and soaring valuations, how can business leaders distinguish between genuine growth and unsustainable bubbles? "Irrationally Exuberant Markets" explores the psychology behind market booms, the risks of speculation, and the key warning signs to watch.

This session will break down market sentiment, asset overvaluation, and behavioural biases in an accessible way, using real-world examples from past financial bubbles. We’ll discuss why even experienced investors can be caught off guard and how to manage risk in uncertain times.

Designed for business leaders with minimal economic background, this webinar will equip you with practical insights to navigate volatile markets, make informed strategic decisions, and avoid the pitfalls of irrational exuberance.

Learning outcomes:

• Understand what drives market booms and busts – Learn how rational speculation and irrational exuberance combine to drive asset price dynamics.
• Spot the warning signs of overvalued markets – Recognise key indicators of financial bubbles and the risks they pose.
• Learn from past market crashes – Explore real examples of speculative bubbles and what they teach us about the psychology of markets.
• Manage risk in uncertain times – Discover practical ways to protect your business from financial instability.

Area of expertise:

Capital markets & wholesale Payments, innovation & resilience Prudential risk, reporting and tax

Jean-Paul Caravalho

Professor of Economics, Director, Oxford University Business Economics Programme

Jean-Paul Carvalho is an economist working in the fields of Political Economy and Social Dynamics. His work combines game-theoretic models of pop...

Jean-Paul Carvalho is an economist working in the fields of Political Economy and Social Dynamics.

His work combines game-theoretic models of population dynamics with historical analysis. It draws upon and contributes to a number of emerging fields, including the economics of identity, culture, and religion. Prof. Carvalho has made contributions to modeling social norms, culturally transmitted preferences and belief systems, and groups and networks. His work has been applied to the following subjects:

Social determinants of education/labor market outcomes
Economic determinants of social institutions, including religion
Structural inequality
Political economy under diversity
Extremism and Conflict

The Oxford University Business Economics Programme

OUBEP

Today’s leaders face a wide array of complex challenges, from climate change and the energy crisis to supply chain disruptions, artificial intelligenc...

Today’s leaders face a wide array of complex challenges, from climate change and the energy crisis to supply chain disruptions, artificial intelligence, shifting labour markets, and disruptive innovation. Tackling these challenges requires more than traditional management tools. The Oxford University Business Economics Programme (OUBEP) goes further — helping you understand and navigate the economic forces underlying these global issues. With lectures and tutorials from world-class academic economists, insights from expert practitioners, and dynamic discussions with peers from diverse sectors, you’ll gain powerful analytical tools to drive resilience and growth in your organisation.

Senior leaders and board members looking to make informed strategic decisions in volatile markets.
Entrepreneurs and business owners navigating investment risks and financial uncertainty.
Corporate strategists and risk managers seeking insights into market sentiment and behavioural economics.
Investors and professionals keen to recognise early warning signs of speculative bubbles.

Irrationally Exuberant Markets

Webinar overview:

Learning outcomes:

Jean-Paul Caravalho

The Oxford University Business Economics Programme

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