Weitzel, Utz; Huber, Christoph; Huber, Jürgen; … - In: Essays in experimental economics : decisions, beliefs, …, (pp. 68-111, 172-225). 2020
The efficiency of financial markets and their potential to produce bubbles are central topics in academic and … inflows or high initial capital supply - are susceptible to bubbles, although they are more efficient than student markets. In … mixed markets with students, bubbles also occur, but professionals act as price stabilizers. We show that heterogeneous …