Rational Behavior in Irrational Markets
Lecture no. 17 from the course: Crashes and Crises: Lessons from a History of Financial Disasters
Taught by Professor Connel Fullenkamp | 01 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Use the South Sea Bubble to explore one the more fascinating features of economic bubbles: that there’s often a lot of rational behavior going on—even when prices go crazy.