Speculation, Trading and Bubbles
41 Pages Posted: 4 Mar 2013 Last revised: 10 May 2013
Date Written: April 4, 2013
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: Suggested Citation