The Importance of Asset Price Bubbles

The most important feature of asset price bubbles is that the items can be retraded. I understand there are more recent experiments which show that you can reignite bubbles even with experienced traders. Yes. In fact, I am day porter. My co-authors did some experiments where what we took people that had been, let's see, they were all twice experienced and previous experiments. We got much more of a bubble in these markets than we would have gotten if they were just third time back in the same environment. So but that took a lot of effort.