Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Home> Publications> Econometrica>Simple Finite Horizon Bubbles Robust to Higher Order Knowledge

Econometrica: May, 2004, Volume 72, Issue 3

Simple Finite Horizon Bubbles Robust to Higher Order Knowledge

https://doi.org/10.1111/j.1468-0262.2004.00516.x
p. 927-936

John R. Conlon

An asymmetric information model of a finite horizon “th order” rational asset price bubble is presented, where (all agents know that) the asset is worthless. Also, the model has only two agents, so the first order version of the bubble is simpler than other first order bubbles in the literature.

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December 4, 2024

Update on 2025 Submission and Publication Page Fees at Econometric Society Journals

The Executive Committee of the Econometric Society has approved an increase in the submission fees for papers in Econometrica.  Starting January 1, 2025, the fee for new submissions to Econometrica will be US$125 for regular members and US$50 for student members.
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