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For What It’s Worth: Historical Financial Bubbles and the Boundaries of Economic Rationality
Published 2018“…As they tried to reckon what South Sea Company stock was worth, investors were confronted not with clearly rational or irrational choices but with a decidedly unruly collection of similarly plausible calculations. …”
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How Do Auditors Behave During Periods of Market Euphoria? The Case of Internet IPOs
Published 2013“…The study of periods of market euphoria, such as Holland’s seventeenth-century tulip mania, England’s eighteenth-century South Sea Company, America’s nineteenth-century railroads, or, most recently, the U.S. housing market, is a topic of long-standing interest to economists. …”
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