Thou shalt not trade—An analysis of the violations of no-trade predictions in experimental asset markets
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Behavioral and Experimental Finance"
DOI: 10.1016/j.jbef.2021.100590
Abstract: Abstract In several studies on asset markets in a laboratory environment, observed trading activity is inconsistent with theoretical no-trade predictions. In a series of treatments, we systematically analyze violations and violators of the no-trade prediction… read more here.
Keywords: trading activity; trade predictions; asset markets; asset ... See more keywords
Cash versus extra-credit incentives in experimental asset markets
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DOI: 10.1016/j.jebo.2018.03.014
Abstract: Abstract The research community in experimental economics has been increasingly encouraged to replicate studies and increase the sample size. While these suggestions have strong advantages, they also potentially increase the financial costs associated with data… read more here.
Keywords: experimental asset; credit; extra credit; cash ... See more keywords
Investor Overconfidence in Experimental Asset Markets across Market States
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DOI: 10.1080/15427560.2019.1692845
Abstract: Abstract This study explores how individual overconfidence adjusts after receiving extreme feedback that either supports or contradicts previous decision-making when buying or selling stocks. We find that highly contradicting feedback causes overconfidence to vanish as… read more here.
Keywords: experimental asset; overconfidence; investor overconfidence; asset markets ... See more keywords