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Gomes, O. (2016). Exuberance and social contagion. Economics Bulletin. 36 (3), 1705-1714
O. M. Gomes, "Exuberance and social contagion", in Economics Bulletin, vol. 36, no. 3, pp. 1705-1714, 2016
@article{gomes2016_1715935530640, author = "Gomes, O.", title = "Exuberance and social contagion", journal = "Economics Bulletin", year = "2016", volume = "36", number = "3", pages = "1705-1714", url = "http://www.accessecon.com/pubs/eb/" }
TY - JOUR TI - Exuberance and social contagion T2 - Economics Bulletin VL - 36 IS - 3 AU - Gomes, O. PY - 2016 SP - 1705-1714 SN - 1545-2921 UR - http://www.accessecon.com/pubs/eb/ AB - Episodes of collective exuberance that recurrently hit the economy are, in this note, associated with sentiment propagation in a network of social relations. The pivotal role played by exuberant individuals will give place to a dynamic setting where limit cycles constitute the most plausible long-term outcome. Endogenous sentiment waves, with peaks and troughs of exuberance, are in this way identified in the context of a straightforward interaction scenario. ER -