Similar Search Results

On booms that never bust : ambiguity in experimental asset markets with bubbles

Corgnet, Brice; Hernán González, Roberto; Kujal, Praveen - 2018

Persistent link: https://www.econbiz.de/10012030198

The role of the end time in experimental asset markets

Kopányi-Peuker, Anita; Weber, Matthias - 2021

experiment in which we vary the length of the horizon and whether the end time is definite or indefinite. We find recurring … bubbles and similar price dynamics in all treatments (with moderately lower prices in the treatments with a long horizon) …

Persistent link: https://www.econbiz.de/10012609733

The role of the end time in experimental asset markets

Kopányi-Peuker, Anita; Weber, Matthias - 2022

experiment, in which we vary the length of the horizon and whether the end time is definite or indefinite. We find very similar … price dynamics with recurring bubbles in all treatments …

Persistent link: https://www.econbiz.de/10013192083

Motivations to speculate are the driving forces in experimental asset market bubbles

Tucker, Steven; Xu, Yilong - 2024

Persistent link: https://www.econbiz.de/10015414747

Non-speculative bubbles in experimental asset markets : lack of common knowledge of rationality vs. actual irrationality

Lei, Vivian; Noussair, Charles; Plott, Charles - 1998

Persistent link: https://www.econbiz.de/10000997133

Nonspeculative bubbles in experimental asset markets : lack of common knowledge of rationality vs. actual irrationality

Lei, Vivian; Noussair, Charles; Plott, Charles - In: Econometrica : journal of the Econometric Society, an … 69 (2001) 4, pp. 831-859

Persistent link: https://www.econbiz.de/10001594715

Bubbles, crashes, and endogenous expectations in experimental spot asset markets

Smith, Vernon L. - In: Papers in experimental economics, (pp. 339-371). 1991

Persistent link: https://www.econbiz.de/10001279777

Experimental Asset Markets : Behaviour and Bubbles

Powell, Owen - 2015

This paper reviews new research on experimental asset markets, markets in which the value of the traded asset is homogeneous across all agents. Such markets have been shown to be prone to substantial mispricing, usually in the form of a bubble-and-crash pattern. This calls into question the...

Persistent link: https://www.econbiz.de/10013026766

On Booms That Never Bust : Ambiguity in Experimental Asset Markets with Bubbles

Corgnet, Brice - 2018

We study the effect of ambiguity on the formation of bubbles and on the occurrence of crashes in experimental asset … is risky although bubbles form in both the ambiguous and the risky environments. Additionally, bubbles do not crash in …

Persistent link: https://www.econbiz.de/10012909268

Bubbles, Crashes and Information Contagion in Large-Group Asset Market Experiments

Hommes, Cars H. - 2019

We study the emergence of bubbles in a laboratory experiment with large groups of individuals. The realized price is … findings are: (i) large asset bubbles occur in large groups, (ii) information contagion through news affects behaviour and may … and crashes, and (iv) bubbles are strongly amplified by coordination on trend-extrapolation …

Persistent link: https://www.econbiz.de/10012892070