Behavioral Framework of Asset Price Bubbles: Theoretical and Empirical Analyses
Sentiment and extrapolation are ubiquitous in the financial market, and they are not only the embodiment of human nature, but also the primary drivers of asset price bubbles. In this study, we first constructed a theoretical model that included fundamental traders and extrapolated investors, and we...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2022-12-01
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| Series: | Systems |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2079-8954/10/6/251 |