Based on the rational expectation framework and from the perspective of market microstructure, the paper analyzes the effect of price limit on trading mechanism of stock market.
本文从市场微观结构的角度，采用理性预期分析框架、探讨价格限制对股票交易的作用。
As for asset bubble, economists construct various models. In the framework of rational expectation, economists models rational bubble, which has evolved into a systematic theory.
在理性预期的框架下，经济学家构建了理性泡沫的模型，并且形成比较系统的理论框架。
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