Major bubble episodes are rare events. In this paper, we examine what factors might cause some asset price bubbles to … bubble. The results of the experiment suggest that the company's attempt to exchange its shares for government debt was the …

Using a laboratory experiment, we investigate whether comovement can emerge between two risky assets, despite their … predictions following a shock to one of the two assets' dividend distributions. As the model predicts, we observe (1) positive …-sectional return predictability from the dividend-price ratio. In line with the rational foundations of the model, the model …

Using a laboratory experiment, we investigate whether contagion can emerge between two risky assets, even when their … assets' dividend distributions. As the model predicts, we observe (1) positive auto correlations in the shocked asset, (2) a … the dividend price ratio. In line with the rational foundation of the model, the model's predictions have stronger support …

Major bubble episodes are rare events. In this paper, we examine what factors might cause some asset price bubbles to … bubble. The results of the experiment suggest that the company’s attempt to exchange its shares for government debt was the …

Major bubble episodes are rare events. In this paper, we examine what factors might cause some asset price bubbles to … bubble. The results of the experiment suggest that the company’s attempt to exchange its shares for government debt was the …

Major bubble episodes are rare events. In this paper, we examine what factors might cause some asset price bubbles to … bubble. The results of the experiment suggest that the company’s attempt to exchange its shares for government debt was the …

bubbles to become very large. We recreate, in a laboratory setting, some of the specific institutional features investors in … bubble. The results of the experiment suggest that the company’s attempt to exchange its shares for government debt was the …

Major bubble episodes are rare events. In this paper, we examine what factors might cause some asset price bubbles to … bubble. The results of the experiment suggest that the company’s attempt to exchange its shares for government debt was the …

Major bubble episodes are rare events. In this paper, we examine what factors might cause some asset price bubbles to … bubble. The results of the experiment suggest that the company's attempt to exchange its shares for government debt was the …