Published 1997 | Version Published
Journal Article Open

Taxi Drivers and Beauty Contests

Abstract

The trading floor of the New York Stock Exchange. The British economist John Maynard Keynes likened playing the market to voting for the prettiest face in a beauty contest; hence the second part of this article's title.

Additional Information

The beauty-contest and bubble work was supported by the National Science Foundation. The taxi-driver study was supported by the Russell Sage Foundation. This article is adapted from a Watson lecture.

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Additional details

Identifiers

Eprint ID
22087
Resolver ID
CaltechAUTHORS:20110209-085551417

Funding

NSF
Russell Sage Foundation

Dates

Created
2011-03-11
Created from EPrint's datestamp field
Updated
2019-10-03
Created from EPrint's last_modified field