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From Vanilla to Rocky Road; Exchange-Traded Funds
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 402 no. 8773 (Feb. 2012)
,
page S8-S10.
Topik:
Financial Innovations
;
Financial Crisis
;
Economic Conditions
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.70
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
If standardization is one way to make financial innovations catch on, mutation is another. By experimenting furiously with new products, the industry can hit on iterations that work. And once something has taken hold, a host of incremental changes follow as firms compete for custom. "Any good idea is immediately copied and propagated like a virus," says Robert Litan of the Kauffman Foundation. "If it's a bad virus, then you have a pandemic."
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