...Brian D. Kluger Purpose Much of the author’s understanding of experimental asset market bubbles is based on the Smith, Suchanek and Williams (SSW) design. The purpose of this paper is to find alternative bubble-producing designs, which is a promising path for new insights. Design/methodology...

...Bei Chen; Quan Gan Purpose This paper investigates how the gambling measure captures market bubble events, and how it predicts stock return and option return. Design/methodology/approach This paper proposes a gambling activity measure by jointly considering open interest and moneyness of out...

...Francesco Strati Purpose The causes for the formation of a bubble in the collateral market when agents are provided with homogeneous expectations are explored. This bubbly dynamics will define a sufficient condition for deleveraging. Design/methodology/approach Theoretical approach...