A study of 175 years of stock market activity reveals innovation and speculation drives bubble activity
CATONSVILLE, MD, August 1, 2018 – A group of data scientists conducted an in-depth analysis of major innovations and stock market bubbles from 1825 through 2000 and came away with novel takeaways of their own as they found some very distinctive patterns in the occurrence of bubbles over 175 years. The study to be published in the August edition of the INFORMS journal Marketing Science is titled “Two Centuries of Innovations and Stock Market Bubbles,” and is authored by Alina and Sorin Sorescu of Mays Business School at Texas A&M University; Will Armstrong of the Rawls College of Business at Texas Tech University; and Bart Devoldere from the Vlerick Business School in The Hague, The Netherlands.