Summary Studies on Asset Price Bubbles

Abstract

对资产泡沫的形成机制的研究可以从理性投机泡沫理论、非理性泡沫理论、基于信息论和博弈论的泡沫理论、非线性泡沫理论等方面进行总结,对这些研究进行一个简单的文献综述,可以得出结论:资产泡沫成因必须结合多个理论进行分析。The studies on asset price bubbles can be summarized from the theories as following: rational speculative bubbles theory,irrational speculative bubbles theory,theories based on information theory and game theory,nonlinear bubbles theory.From these studies we can draw the conclusion that the studies on asset price bubbles should be the combination of different theories

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