How model of barberis uses ideas from behavioural finance
Problem
Describe the main empirical facts that are commonly observed in stock market bubbles. Discuss how the model of Barberis, Greenwood, Jin, and Shleifer (2018) uses ideas from behavioural finance to explain these facts.
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Discuss how the model of Barberis, Greenwood, Jin, and Shleifer (2018) uses ideas from behavioural finance to explain these facts.
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