Drehmann, Mathias; Oechssler, Joerg; Roider, Andreas - 2004 - Revised version: June 2004, First version: November 2002
Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004: We report results of an internet experiment … designed to test the theory of informational cascades in financial markets (Avery and Zemsky, AER, 1998). More than 6400 … subjects, including a subsample of 267 consultants from an international consulting firm, participated in the experiment. As …
