On the Ingredients for Bubble Formation: Informed Traders and Communication [...

Bubbles in asset markets have been documented in numerous experiments. Most experiments in which bubbles occur feature a declining fundamental value. This feature has been...资产市场泡沫现象已在诸多实验中得到实证记录。绝大多数出现泡沫的实验均以基础价值递减为特征。这一特征已……