". The early contracts tend to be initiated by insiders who tender limit orders. The emergence of bubbles and mirages in the …

. Speculative bubbles arise as a complex non-linear dynamic phenomenon brought about naturally by the dynamic interaction of …

collapsing bubbles story about Irish agricultural land prices. …

series and the absence of asset pricing valuation bubbles in stochastic economies with sequential markets. This series, in …

speculative bubbles may survive at full subgame-perfect equilibria. …

We study whether information about imminent future dividends can abate bubbles in experimental asset markets. Using the … have smaller, and shorter, bubbles than markets with symmetrically informed or uninformed traders. Hence, fundamental … about the future prospects of an asset. We also find that asymmetric information has a similar abating impact on bubbles as …

This paper deals with the role of bubbles, having the same meaning as Ponzi games, for implementing efficient growth … paths in a closed economy overlapping generations model. It is shown that the well-known arbitrage condition for bubbles … for a Pareto-improvement compared to a perfect-foresight equilibrium without bubbles. A consequence of this fact is that …