Saturday, 25 February 2012

Stories from Silicon Valley – Boom / Bust

Here are two contrasting videos I found on the dot.com bubble. The first covers the experiences that companies and people had in Silicon Valley during the Dot-com boom while the other covers the lessons that Silicon Valley founders and entrepreneurs learned during the Dot-com bust. How things changed so quickly!    
                                                                      


"Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets" (Smith, Suchanek and Williams, Econometrica 1988).This is definitely a paper you should read if you are studying bubbles.

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