This paper develops a model of credit-driven bubbles and asks when it gives rise to the patterns that policymakers … consistent with observations on credit terms during historical episodes often suspected to be bubbles. …

We propose a simple classroom experiment on speculative bubbles: the Bubble Game. This game is useful to discuss about … market efficiency and trading strategies in a financial economics course, and about behavioral aspects in a game theory … cap on asset prices, speculative bubbles can arise at the Nash equilibrium because no trader is ever sure to be last in …

The efficient markets hypothesis implies that, in the presence of rational investors, bubbles cannot develop. We …

part of this price volatility to speculation. This phenomenon is investigated by estimating a general regime … collapsing bubbles story about Irish agricultural land prices. …

that give rise to price bubbles: one driven by word of mouth, and the other by new Bitcoin adopters. This feedback …What is the role of social interactions in the creation of price bubbles? Answering this question is often difficult … traces. Here, we focus on Bitcoin, the most popular cryptocurrency. Bitcoin has experienced periods of rapid price increase …

show that Bitcoin exhibits speculative bubbles. Further, we find empirical evidence that the fundamental price of Bitcoin …Amid its rapidly increasing usage and immense public interest the subject of Bitcoin has raised profound economic and … societal issues. In this paper we undertake economic and econometric modelling of Bitcoin prices. As with many asset classes we …

bubbles while considering the effect of Quantitative Easing and other chosen macroeconomic factors. The aim is set if on these …

information in order to track endogenous bubbles. In this model, identically informed rational agents hold a Perceived Law of … assumption of complete knowledge of agent's tastes and wealth, post-IPO bubbles emerge where the Actual Law of Motion is an …

bubbles for the companies listed in Tehran Exchange Market (TSE). At first through such tests as rows, skewness, stretching …, and duration dependence, it was found out that price bubbles were formed in TSE in the span of time between May 2012 and … detection tests, the researchers divided the sampled companies under two categories of companies speculated to have bubbles and …