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How to grow a bubble: A model of myopic adapting agents
grow bubble model myopic adapting agents
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2010/12/20
We present a simple agent-based model to study the development of a bubble and the consequential crash and investigate how their proximate triggering factor might relate to their fundamental mechanism...
The 2006-2008 Oil Bubble and Beyond
2006-2008 Oil Bubble Beyond
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2010/12/20
We present an analysis of oil prices in US$ and in other major currencies that diagnoses unsustainable faster-than-exponential behavior. This supports the hypothesis that the recent oil price run-up ...