@inbook{10.7312/sche15902.10,
 URL = {http://www.jstor.org/stable/10.7312/sche15902.10},
 abstract = {Following the presentation of the lecture and the commentaries, audience members were given the opportunity to ask questions. Below is the resulting discussion.AUDIENCE MEMBER: From the point of view of your theory, bubbles collapse when more of the asset is supplied, but it is not obvious why that would occur suddenly. You would think there would be a constant incentive or maybe a constantly increasing incentive as the bubble grows, but why would it be abrupt? Is there an interpretation in terms of your theory of why the option value would suddenly disappear or something similar?JOSÉ A. SCHEINKMAN:},
 bookauthor = {JOSÉ A. SCHEINKMAN and KENNETH J. ARROW and PATRICK BOLTON and SANFORD J. GROSSMAN and JOSEPH E. STIGLITZ},
 booktitle = {Speculation, Trading, and Bubbles},
 pages = {89--100},
 publisher = {Columbia University Press},
 title = {DISCUSSION},
 year = {2014}
}