The Madness of Crowds?

Explain this equilibrium, or as the errant economist Tyler Cowen likes to say, solve for the equilibrium you see in the video …

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About F. E. Guerra-Pujol

When I’m not blogging, I am a business law professor at the University of Central Florida.
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1 Response to The Madness of Crowds?

  1. Mr. Bean's avatar Mr. Bean says:

    Is that a zoo or an art museum in the video?

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