is presented that helps explain why this is the case for traditional currency crises, but less so for asset bubbles. The …1. Overview: A Framework for Investing During Currency Crises and Asset Bubbles -- 2. Bretton Woods’ Collapse Alters … European Monetary Union -- 7. Japan’s Bubble Culminates in Two Decades of Deflation -- 8. Asia’s Real Estate Boom Spawns Global …

This book describes a laboratory experiment designed to test the causes and properties of bubbles in financial markets … and explores the question whether it is possible to design markets which avoid such bubbles and crashes. In the experiment … "Underpriced Transactions" are developed, making the book an important step towards the research goal of preventing bubbles and …

The Nature of Manias, Bubbles and Crashes: Introduction -- Value Trading vs. Momentum Trading -- The Rise of Manias and … Bubbles -- Stages in the Boom-Bubble-Bust Sequence -- Fueling the Boom - Role of the Media -- Bubbles, Wealth and Inflation … -- A Short History of Booms, Bubbles, and Busts: The New World -- Florida Land Boom of the 1920s -- The Stock Market and …

This book introduces readers to a new approach to identifying stock market bubbles by using the illiquidity premium, a … behavior. A brief history of financial bubbles and an outlook on future developments serve to round out the coverage … Model -- Illiquidity Premium and Connection with Financial Bubbles -- Conclusion and Future Outlook. …