J. Bradford de Long, Andrei Shleifer, Lawrence H. Summers, Robert J. Waldmann, Positive Feedback Investment Strategies and Destabilizing Rational Speculation, The Journal of Finance, Vol. 45, No. 2 (Jun., 1990), pp. 379-395
No takes yet. Share an insight, caveat, or question.
Long et al. (1990) studied this question.
Synapse has enriched 5 related papers. Consider them for comparative context: