In 1720, Britain and France convulsed in the South Sea and Mississippi bubbles. Manias and crashes have stalked …: Is there more to the origins of bubbles than hubris, folly, and greed? Were the market manias of 1719-20 “bubbles?” What …

". We observe both stable markets and large bubbles for both small and large markets. The data analysis shows no differences … successfully drives prices back towards the fundamental, but we observe very large bubbles in which the news apparently has no …

excitement of potential gain is disconnected from the anxiety of potential consequences; producing groupthink and bubbles. When … potential. Policy implications go well beyond improving regulation and transparency. -- Financial bubbles ; financial crises …