Bubbles and Crashes in Experimental Asset Markets

• Κύριος συγγραφέας: Palan, Stefan (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Σειρά: Lecture Notes in Economics and Mathematical Systems, 626
• Θέματα: Economics, Mathematical.; Economic theory.; Microeconomics.; Macroeconomics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Quantitative Finance.; Economic Theory/Quantitative Economics/Mathematical Methods.

This book describes a laboratory experiment designed to test the causes and properties of bubbles in financial markets and explores the question whether it is possible to design markets which avoid such bubbles and crashes. In the experiment, subjects were given the opportunity to trade in a stock m...

Πίνακας περιεχομένων:

• and Motivation
• Literature Review
• Experimental Design and Methodology
• Results
• Conclusion and Outlook
• Appendices.