% 1) a simple sinusoidal input case (./Exec_Scripts/exam_TS_Sinusoidal_traj.m) % 2) a basic lifting hover and transition to forward flight (./Exec_Scripts/exam_TS ...

We present an extrapolative model of bubbles. In the model, many investors form their demand for a risky asset by weighing two signals—an average of the asset’s past price changes and the asset’s ...