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Speculation, Trading and Bubbles

Economic Theory Center Working Paper No. 050-2013

41 Pages Posted: 4 Mar 2013 Last revised: 10 May 2013

See all articles by José Scheinkman

José Scheinkman

Columbia University; Princeton University - Department of Economics; National Bureau of Economic Research (NBER)

Date Written: April 4, 2013

Abstract

This is the text of the 3rd Annual Arrow Lecture at Columbia University delivered on November 29, 2010.

Keywords: speculation, financial market bubble, bubble implosion, trading, limited capital, leverage

JEL Classification: D84, G12

Suggested Citation

Scheinkman, José, Speculation, Trading and Bubbles (April 4, 2013). Economic Theory Center Working Paper No. 050-2013, Available at SSRN: https://ssrn.com/abstract=2227701 or http://dx.doi.org/10.2139/ssrn.2227701

José Scheinkman (Contact Author)

Columbia University ( email )

3022 Broadway
New York, NY 10027
United States

Princeton University - Department of Economics ( email )

26 Prospect Avenue
Princeton, NJ 08544
United States
609-258-4020 (Phone)
609-258-6419 (Fax)

HOME PAGE: http://www.princeton.edu/~joses

National Bureau of Economic Research (NBER)

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Cambridge, MA 02138
United States

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