{"id":"https://openalex.org/W4229335652","doi":"https://doi.org/10.1016/j.jfineco.2022.04.006","title":"Bubbles and the value of innovation","display_name":"Bubbles and the value of innovation","publication_year":2022,"publication_date":"2022-05-08","ids":{"openalex":"https://openalex.org/W4229335652","doi":"https://doi.org/10.1016/j.jfineco.2022.04.006"},"language":"en","primary_location":{"id":"doi:10.1016/j.jfineco.2022.04.006","doi":"https://doi.org/10.1016/j.jfineco.2022.04.006","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jfineco.2022.04.006","pdf_url":null,"source":{"id":"https://openalex.org/S149240962","display_name":"Journal of Financial Economics","issn_l":"0304-405X","issn":["0304-405X","1879-2774"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","utd24","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5010670396","display_name":"Valentin Haddad","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I161318765","display_name":"University of California, Los Angeles","ror":"https://ror.org/046rm7j60","country_code":"US","type":"education","lineage":["https://openalex.org/I161318765"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Valentin Haddad","raw_affiliation_strings":["UCLA Anderson School of Management, 110 Westwood Plaza, Los Angeles, CA 90095, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"UCLA Anderson School of Management, 110 Westwood Plaza, Los Angeles, CA 90095, USA","institution_ids":["https://openalex.org/I161318765"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5088759339","display_name":"Paul Ho","orcid":"https://orcid.org/0000-0002-0701-6238","observed_orcids":["https://orcid.org/0000-0002-0701-6238"]},"institutions":[{"id":"https://openalex.org/I4210158875","display_name":"Federal Reserve Bank of Richmond","ror":"https://ror.org/058pmah25","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I4210158875"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Paul Ho","raw_affiliation_strings":["Federal Reserve Bank of Richmond, Research Department, P.O. Box 27622, Richmond, VA 23261, USA"],"raw_orcid":"https://orcid.org/0000-0002-0701-6238","affiliations":[{"raw_affiliation_string":"Federal Reserve Bank of Richmond, Research Department, P.O. Box 27622, Richmond, VA 23261, USA","institution_ids":["https://openalex.org/I4210158875"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5033873901","display_name":"Erik Loualiche","orcid":"https://orcid.org/0000-0002-2907-341X","observed_orcids":["https://orcid.org/0000-0002-2907-341X"]},"institutions":[{"id":"https://openalex.org/I130238516","display_name":"University of Minnesota","ror":"https://ror.org/017zqws13","country_code":"US","type":"education","lineage":["https://openalex.org/I130238516"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Erik Loualiche","raw_affiliation_strings":["University of Minnesota, Carlson School of Management, 321 19th Avenue South, Minneapolis, MN 55455, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Minnesota, Carlson School of Management, 321 19th Avenue South, Minneapolis, MN 55455, USA","institution_ids":["https://openalex.org/I130238516"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5010670396"],"corresponding_institution_ids":["https://openalex.org/I161318765"],"apc_list":{"value":4130,"currency":"USD","value_usd":4130},"apc_paid":null,"fwci":2.5638,"has_fulltext":false,"cited_by_count":27,"citation_normalized_percentile":{"value":0.90709028,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":100},"biblio":{"volume":"145","issue":"1","first_page":"69","last_page":"84"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9599999785423279,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9599999785423279,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10856","display_name":"Intellectual Property and Patents","score":0.009600000455975533,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.007499999832361937,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-speculation","display_name":"financial speculation","score":0.5860000252723694},{"id":"https://openalex.org/keywords/investor-disagreement","display_name":"investor disagreement","score":0.699999988079071},{"id":"https://openalex.org/keywords/economic-impact-of-innovation","display_name":"economic impact of innovation","score":0.5170000195503235}],"concepts":[{"id":"https://openalex.org/C47941915","wikidata":"https://www.wikidata.org/wiki/Q107885","display_name":"Speculation","level":2,"score":0.8862761855125427},{"id":"https://openalex.org/C127576917","wikidata":"https://www.wikidata.org/wiki/Q624630","display_name":"Competitor analysis","level":2,"score":0.7206716537475586},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.6332534551620483},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.6100744009017944},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6095327734947205},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5098194479942322},{"id":"https://openalex.org/C2777064627","wikidata":"https://www.wikidata.org/wiki/Q3151423","display_name":"Financial innovation","level":2,"score":0.4936255216598511},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.4830484986305237},{"id":"https://openalex.org/C201543015","wikidata":"https://www.wikidata.org/wiki/Q207781","display_name":"Economic bubble","level":2,"score":0.47386765480041504},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.464641809463501},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.45458611845970154},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.4418303370475769},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3295038342475891},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.23822864890098572},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/j.jfineco.2022.04.006","doi":"https://doi.org/10.1016/j.jfineco.2022.04.006","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jfineco.2022.04.006","pdf_url":null,"source":{"id":"https://openalex.org/S149240962","display_name":"Journal of Financial Economics","issn_l":"0304-405X","issn":["0304-405X","1879-2774"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","utd24","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial Economics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":61,"referenced_works":["https://openalex.org/W648929910","https://openalex.org/W1463637956","https://openalex.org/W1485676192","https://openalex.org/W1497789111","https://openalex.org/W1551195332","https://openalex.org/W1848070861","https://openalex.org/W1921101700","https://openalex.org/W2003180600","https://openalex.org/W2007636382","https://openalex.org/W2008089547","https://openalex.org/W2012679794","https://openalex.org/W2047134779","https://openalex.org/W2081309544","https://openalex.org/W2098437796","https://openalex.org/W2104115831","https://openalex.org/W2114494090","https://openalex.org/W2115458502","https://openalex.org/W2121606993","https://openalex.org/W2130788273","https://openalex.org/W2136491889","https://openalex.org/W2145324776","https://openalex.org/W2146861923","https://openalex.org/W2152988458","https://openalex.org/W2153720349","https://openalex.org/W2161681128","https://openalex.org/W2282911462","https://openalex.org/W2313974571","https://openalex.org/W2525373672","https://openalex.org/W2592589922","https://openalex.org/W2779311036","https://openalex.org/W2918258946","https://openalex.org/W2945791160","https://openalex.org/W2994890526","https://openalex.org/W3023486457","https://openalex.org/W3082714138","https://openalex.org/W3121636297","https://openalex.org/W3121865372","https://openalex.org/W3122115568","https://openalex.org/W3122263371","https://openalex.org/W3122666126","https://openalex.org/W3123067977","https://openalex.org/W3123195209","https://openalex.org/W3123519783","https://openalex.org/W3123602370","https://openalex.org/W3123994997","https://openalex.org/W3124538222","https://openalex.org/W3125296625","https://openalex.org/W3125367981","https://openalex.org/W3125784223","https://openalex.org/W3126122605","https://openalex.org/W3139725442","https://openalex.org/W3170623837","https://openalex.org/W4205867597","https://openalex.org/W4238542302","https://openalex.org/W4241177581","https://openalex.org/W4249749652","https://openalex.org/W4298174159","https://openalex.org/W6621697829","https://openalex.org/W6628793553","https://openalex.org/W6777626758","https://openalex.org/W6793453617"],"related_works":["https://openalex.org/W7112717880","https://openalex.org/W3128799945","https://openalex.org/W2883596327","https://openalex.org/W7151535379","https://openalex.org/W3136526819","https://openalex.org/W4406919813","https://openalex.org/W7133518106","https://openalex.org/W3125917315","https://openalex.org/W3125760273","https://openalex.org/W2292665363"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":10},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":3}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2022-05-09T00:00:00"}
