Crashes As Critical Points
Work
Year: 2000
Type: article
Abstract: We study a rational expectation model of bubbles and crashes. The model has two components: (1) our key assumption is that a crash may be caused by local self-reinforcing imitation between noise trade... more
Institutions Planetary Science Institute, University of California, Los Angeles, Anderson University - South Carolina, Laboratoire de physique de la matière condensée, Université Côte d'Azur +1 more
Cites: 42
Cited by: 527
Related to: 10
FWCI: 23.53
Citation percentile (by year/subfield): 100
Subfield: Economics and Econometrics
Domain: Social Sciences
Sustainable Development Goal Decent work and economic growth
Open Access status: green