Toward a Metatheory of Economic Bubbles

  • Nikhilesh Dholakia, Romeo V. Turcan
  • January 2014, Springer Science + Business Media
  • DOI: 10.1057/9781137361790

Financial, Housing and Tech bubbles - Toward a framework

What is it about?

The book examines bubbles in various settings -- financial, house, tech, gold and more -- and proposes a social theory frame that goes considerably mere economic analysis; and helps explain bubble formation, inflation and burst.

Why is it important?

When social, political, psychological factors are brought into the explanatory framework for bubbles, we get a comprehensive picture of these phenomena... and thus the ability to develop meaningful policies to deal with bubble processes.


Dr Nikhilesh Dholakia
University of Rhode Island

The Theory Building Research Programme (TBRP) at Aalborg University, Denmark is expanding the ideas in this book and looking at runaway sentiments in multiple settings, some related to bubbles and others not.

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The following have contributed to this page: Dr Nikhilesh Dholakia and Dr. Romeo V. Turcan