About this project90 concepts · 140 relationships90 concepts140 relationships
Speculative Bubble
Explore the history of financial speculation, the concepts behind market bubbles, and major historical episodes.
Keystone concepts

Connects 12 concepts
An economic bubble is a period when current asset prices greatly exceed their intrinsic valuation, being the valuation that the underlying long-term fundamentals justify.

Connects 14 concepts
In finance, a futures contract is a standardized legal contract to buy or sell something at a predetermined price for delivery at a specified time in the future, between parties not yet known to each other.

Connects 17 concepts
In finance, speculation is the purchase of an asset with the hope that that asset will become more valuable in a brief amount of time.
Articles
- The Anatomy of Mania: Tulips, Viruses, and the Birth of Financial Speculation
How a botanical curiosity and a viral infection converged to create the world's first recorded speculative bubble.
Challenges
- Anatomy of a Speculative Bubble
5 questions · 3 plays
Relationships around keystone concepts
- Forward curve — related to → Futures contract: standardized version of forward contracts
- Speculation — related to → Information cascade: social mechanism triggering speculative herd behavior
- Speculation — related to → Behavioural finance: field studying the cognitive biases behind speculative decisions
- Speculation — related to → Irrational exuberance: psychological state fueling speculative market bubbles
- Speculation — related to → Charles P. Kindleberger: historian who documented the cyclical nature of speculation
- Speculation — related to → Margin (finance): mechanism enabling high-risk speculative leverage
- Speculation — related to → Greater fool theory: psychological driver of speculative asset bubbles
- Speculation — related to → Efficient-market hypothesis: theoretical framework challenging the premise of profitable speculation