Unformatted text preview: bid auction and in-class market and Federal Reserve Chair Alan Greenspan’s description of the 1990s stock market bubble as “irrational exuberance”. What did you learn? In particular, what would you do differently at this stage should you play the game again? Third track your continued diversification purchase and sale decisions and discuss your strategy at each step. Also consider these questions. Was this market as fluid as you would have liked? Were you able to find buyers/sellers to meet your satisfaction? Or, did the small number of participants and available assets constrain the market? Should more opportunities to diversify been provided? Again, consider what you would do differently if you played again. Lastly write a conclusion that summarizes your results and your experience. Include any recommendations that you have for improving the game for future classes....
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- Spring '09
- Game Theory, Portfolio Manager, Alan Greenspan, Stock market bubble, Irrational Exuberance