Analisi economica delle dinamiche di mercato: uno studio comparativo dei mercati finanziari e degli orologi di lusso con enfasi sui fenomeni di bolla finanziaria.

In the vast landscape of economic inquiry, the study of market dynamics stands as a cornerstone, revealing the intricate dance between supply, demand, and pricing mechanisms. This thesis embarks on a comparative exploration of two distinct yet intertwined spheres: the dynamic realm of financial markets and the elegant arena of luxury watch markets. At its core, this inquiry seeks to unravel the parallels between the ebbs and flows of financial markets and the subtleties of luxury watch markets. Both domains are subject to the whims of investor sentiment, speculative fervour, and the occasional emergence of bubbles, phenomena that captivate scholars, practitioners, and enthusiasts alike. Financial markets, characterized by complexity and dynamism, provide fertile ground for studying market behaviour. Here, the pursuit of profit converges with intricate financial instruments and regulatory frameworks, giving rise to narratives of boom and bust driven by macroeconomic trends and investor psychology. In contrast, luxury watch markets blend tradition, craftsmanship, and status symbolism, where tangible artifacts of prestige command attention. Yet, beneath the elegance lies a marketplace shaped by consumer preferences, brand cachet, and the allure of scarcity, giving rise to collectors' markets and speculative bubbles mirroring financial markets. Central to this analysis is the exploration of bubble phenomena, the episodic surges in asset prices followed by precipitous declines, a recurring motif in both financial and luxury watch markets. Through theoretical frameworks, empirical analyses, and case studies, this thesis aims to uncover the factors propelling markets to heights and precipitating their downturns, bridging disciplines to enrich our understanding of market behaviour. In navigating this exploration, we embark on a journey of discovery, a journey transcending disciplinary boundaries to illuminate the intricacies of market dynamics and deepen our understanding of economic forces shaping our world. With this introduction, we set sail on a voyage promising insight into the complexities of market phenomena and the enduring allure, and perils, of speculative fervour.