Speculation, Trading and Bubbles

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

Jose A. 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, Jose A., 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

Jose A. Scheinkman (Contact Author)

Columbia University ( email )

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