Psychological Aspects of Market Crashes



[6] Lucas, R. (1978) “Asset Prices in an Exchange Economy,” Econometrica,

46, 1429-1445.

[7] Mehra, R., and E. Prescott (1985) “The Equity Premium: A Puzzle,”
Journal of Monetary Economics, 15, 145-161.

[8] Shiller, R. (2000) Irrational Exuberance. Princeton University Press,
Princeton.

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