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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