As in the case with perfect foresight, under conditions of uncertainty investors respond to changes in the assets' relative returns. An increase in the expected return of one asset here typically (if both assets are not perfectly correlated) induces a shift, but not a plunge toward that asset....

With the development of the Internet and e-commerce, the fact that cryptocurrencies are transferred between accounts using crypts and not controlled by central banks has remained on the agenda in recent years, and the increase in the number of people and entities investing heavily particularly...