Famous First Bubbles: The Fundamentals of Early Manias

By I. Duffy. Journal Economic History, 2000

300 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/e0b3d5a68a4fdeda8dc6ca4a6931ba6bfe9e2007

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Citations in the corpus

Riding the South Sea bubble (2004, unknown): “Famous historical episodes like the South Sea bubble, the tulipmania and the Mississippi speculation have been claimed as examples of markets functioning reasonably well under uncertainty [Garber (2000)].”
Bubble, Bubble, Where's the Housing Bubble? (2006, background): “…often focus on specific aspects of this general concept: rapidly rising prices (Baker 2002), unrealistic expectations of future price increases (Case and Shiller 2003); the departure of prices from fundamental value (Garber 2000), or a large drop in prices after the bubble pops (Siegel 2003).”
Asset Price Bubbles and Systemic Risk (2019, unknown): “Historical accounts of prominent financial bubbles have been given, among others, by Shiller (2000), Garber (2000), Kindleberger and Aliber (2005), Allen and Gale (2007), Reinhart and Rogoff (2009), as well as Brunnermeier and Schnabel (2016).”
Celebrity Contagion and the Value of Objects (2011, background): “For example, at the height of the “Dutch tulip mania” in 1637, a single tulip bulb sold for over 4,000 guilders, while less than a year earlier, tulips sold for a small fraction of that amount (Mackay 1841; Thompson 2007; also see Garber 1989, 2000).”
Bubbles, Financial Crises, and Systemic Risk (2012, unknown): “Geanakoplos (2010) develops a model in which agents with heterogeneous beliefs have limited wealth, such that agents with optimistic views about an asset borrow funds from more pessimistic agents, against collateral. The extent to which pessimistic agents are willing to finance the investment by opt”
Artificial Intelligence (AI): Multidisciplinary perspectives on emerging challenges, opportunities, and agenda for research, practice and policy (2019, background): “The situation aggravated so much that public policy interventions were due to prevent a national disaster (Garber, 2000).”
The Global Financial Crisis: Causes and Cures (2009, unknown): “or a limited asset class, as in the analysis by Garber (2000) , does not characterize a speculative”
Herd Behaviour and Cascading in Capital Markets: A Review and Synthesis (2003, background): “On the other hand, some historically famous bubbles, such as that of the Dutch Tulip Bulbs, may have reflected information rationally and fully (see, e.g., Garber, 2000).”
Financial Crises: Explanations, Types, and Implications (2013, unknown): “Such historical cases include the Dutch Tulip Mania from 1634 to 1637, the French Mississippi Bubble in 1719-20, and the South Sea Bubble in the United Kingdom in 1720 (Garber, 2000; Kindleberger, 1986).”
Overconfidence and Speculative Bubbles (2003, background): “Equations (22) to (24) would apply with the obvious changes to account for the finite horizon.”
Struggling to Understand the Stock Market (2001, background): “Peter Garber (2000) takes a close look at the Dutch tulip mania and other supposed historical examples of bubbles.”