Typology of Bubbles

Nikhilesh Dholakia and Romeo V. Turcan
Additional contact information
Romeo V. Turcan: Aalborg University

Chapter 5 in Toward a Metatheory of Economic Bubbles: Socio-Political and Cultural Perspectives, 2014, pp 43-59 from Palgrave Macmillan

Abstract: Abstract In this chapter we propose a simple yet robust typology of bubbles. Six bubble types are identified and profiled in terms of asset-linked dimensions, and the context-spanning meta-dimensions. These types are transient or playful bubble, inflating bubble, deflating bubble, contagious bubble, irrational bubble, and punctured bubble. While small, playful bubbles are not particularly harmful to overall society or economy where they occur, the large technology and financial bubbles have not only devastating economic impacts but also corrosive social impacts as people lose not only their savings or abodes but also faith in the institutions, private and public, that they have come to trust as protectors of their interests. To illustrate and discuss properties and indicators of these types of bubbles, we developed vignettes that present short overviews of movie, social media, gold, dotcom, and housing bubbles.

Keywords: contagious bubble; deflating bubble; dotcom bubble; financial bubble; gold bubble; housing bubble; inflating bubble; irrational bubble; movie bubbles; punctured bubble; social media bubble; technology bubble; transient bubble; typology of asset bubbles (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36179-0_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137361790

DOI: 10.1057/9781137361790_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().