Irrational Exuberance (book) Irrational Exuberance (book) Irrational Exuberance is a March 2000 book written by American economist Robert J. Shiller, a Yale University professor and 2013 Nobel Prize winner. The book examines economic bubbles in the 1990s and early 2000s, and is named after Federal Reserve Chairman Alan Greenspan's famed "irrational exuberance" quote warning of such a possible bubble in 1996. Published at the height of the dot-com boom, the text put forth several arguments demonstrating how the stock markets were overvalued at the time. The stock market collapse of 2000 happened the exact month of the book's publication. The second edition of
Irrational rotation between the additive and multiplicative notations is the group isomorphism It can be shown that is an isometry. There is a strong distinction in circle rotations that depends on whether is rational or irrational. Rational rotations are less interesting examples of dynamical systems because if formula_4 and formula_5, then formula_6 when formula_7. It can also be shown that formula_8 when formula_9. Irrational rotations form a fundamental example in the theory of dynamical systems. According to the Denjoy theorem, every orientation-preserving -diffeomorphism of the circle with an irrational rotation number is topologically conjugate to . An irrational rotation is a measure-preserving