ECON281:  Experimental Economics
Dr. Stephanie M. (Brewer) Jozefowicz
Spring 2004

 
1.  What role did new "florists" have in tulip mania?

2.  What role did a "supply squeeze" have in tulip mania?

3.  Describe tulip mania in the 1630s--i.e., how were people behaving?

4.  How did tulip mania end?  Connect to Bill Hambrecht and the "Dot Con" video.

5.  When did a speculative bubble appear in the automobile industry?

6.  Give at least 3 additional historical examples of speculative bubbles.

7.  What is a pyramid scheme?

8.  Give an example of a Ponzi scheme.

9.  What does Jonathan Myers advise at the end of his article?

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