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We report the results of an experiment designed to measure how well asset market prices track fundamentals when the …
Persistent link: https://www.econbiz.de/10011090651
This paper reports the results of an experiment evaluating three regulatory schemes for network infrastructure, in …
Persistent link: https://www.econbiz.de/10011091044
Abstract: We create an experimental asset market in which we conduct share repurchases and share issues. Although the intrinsic value of the shares is independent of the quantity outstanding, the interventions result in changes in asset price. Specifically, we find the following. (1) A...
Persistent link: https://www.econbiz.de/10011091165
Abstract: We report results from an asset market experiment, in which we investigate how the time path of the …
Persistent link: https://www.econbiz.de/10011091308
participants, the effect of information release, and studies of the CAPM pricing model. …
Persistent link: https://www.econbiz.de/10011090526
emotional correlates of risk-averse decisions. In our experiment, individuals' facial expressions are monitored with facereading …
Persistent link: https://www.econbiz.de/10011091691
We use skin conductance responses and self-reports of hedonic valence to study the emotional basis of cooperation and …. The application of sanctions activates a "virtuous emotional circle" that accompanies cooperation. Emotionally aroused … punished, and increase their subsequent level of cooperation. The outcome is an increased level of contribution that becomes …
Persistent link: https://www.econbiz.de/10008876967
Persistent link: https://www.econbiz.de/10011377213
Persistent link: https://www.econbiz.de/10009728793
sanctioning institutions are in place. -- emotions ; sanctions ; cooperation ; experiment ; skin conductance responses …We use skin conductance responses and self-reports of hedonic valence to study the emotional basis of cooperation and …. The application of sanctions activates a "virtuous emotional circle" that accompanies cooperation. Emotionally aroused …
Persistent link: https://www.econbiz.de/10009235186