investment strategies applied to Bitcoin. Our bubble model is defined as a geometric Brownian motion combined with separate crash … (and rally) discrete jump distributions associated with positive (and negative) bubbles. The RE condition implies that the …-free asset. Using our bubble model on Bitcoin from 8-Jul-2013 until 19-Dec-2017 would have generated a CAGR of 140% with a …

In this study, the existence of multiple bubbles in 15 selected countries is researched by means of the GSADF unit root … existence of multiple bubbles was detected for all the countries examined. The results demonstrate that bubbles in stock markets … occur before the local and global crisis periods. We therefore conclude that the GSADF method may be used as one of the …

Bubbles are omnipresent in lab experiments with asset markets. Most of these experiments were conducted in environments … smaller bubbles if human traders expect algorithmic traders to be present. …