asset market bubbles occur in all sessions, but global markets had significantly more extreme and longer duration valuation … bubbles. Additionally, subjects at the most suboptimal times-of-day held significantly more asset shares in their portfolios …

debt-financed consumption boom supported by rising asset prices, leading to a credit crunch and fluctuations in the real …

Attempts by governments to stop bubbles by issuing warnings seem unsuccessful. This paper examines the effects of … public warnings using a simple model of riding bubbles. We show that public warnings against a bubble can stop it, if …

asymmetric information. However, when traders are more experienced, the size of the bubble decreases, in which case bubbles do …

depends on a time-scale. We use this hitherto neglected aspect to propose a new definition of bubbles that does not rely on …, bubbles are a violation of market efficiency with respect to its time-scale …

This paper develops a finite-period model of rational bubbles where trade of an asset takes place through a chain of … reasonable assumptions, the equilibrium price is increasing and accelerating during bubbles although the fundamental value is … constant over time. Bubbles may be detrimental to the economy; however, bubble-bursting policies affect agents' beliefs and it …

We present a robust model of speculative bubbles by introducing loss-averse reference-dependent preferences by Koszegi … notion of bubbles to allow for the analysis in the case of a silent market with unobservable prices, and our model is able to … generate strong bubbles robust to moderate perturbations in parameters without the need for stronger conditions as suggested in …