Bubbles and crashes in experimental asset markets:
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Heidelberg [u.a.]
Springer
2009
|
| Series: | Lecture Notes in Economics and Mathematical Systems
626 |
| Subjects: | |
| Online Access: | Inhaltstext Inhaltsverzeichnis |
| Physical Description: | XV, 171 S. graph. Darst. 235 mm x 155 mm |
| ISBN: | 9783642021466 |
Staff View
MARC
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Record in the Search Index
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CONTENTS LIST OF ABBREVIATIONS IX LIST OF SYMBOLS XI LIST OF FIGURES
XIII LIST OF TABLES XV LIST OF EXAMPLES XV 1 INTRODUCTION AND MOTIVATION
1 1.1 PREDICTION MARKETS AND ONLINE BETTING SITES 1 1.2 BUBBLES AND
CRASHES IN FINANCIAL MARKETS 2 1.3 THE ROLE OF DERIVATIVE MARKETS IN
INFORMATIONAL EFFICIENCY 5 1.4 METHODOLOGY 6 1.5 SCIENTIFIC RELEVANCE 8
2 LITERATURE REVIEW 11 2.1 LITERATURE ON MARKET EFFICIENCY 11 2.1.1
LITERATURE IN FAVOR OF THE EFFICIENT MARKET HYPOTHESIS 11 2.1.2
LITERATURE ON MARKET INEFFICIENCIES AND ANOMALIES 13 2.1.3 PRICE BUBBLES
14 2.2 LITERATURE ON INFORMATION AND DERIVATIVE MARKETS 18 2.3
LITERATURE ON PREDICTION MARKETS, MARKET STRUCTURE, AND THE DOUBLE
AUCTION MECHANISM 21 2.4 LITERATURE ON EXPERIMENTS IN ECONOMICS 24 2.4.1
EXPECTATIONS AND EQUILIBRIUM MODELS IN EXPERIMENTAL ASSET MARKETS 26
2.4.2 THE ROLE OF EXPERIENCE IN EXPERIMENTAL ASSET MARKETS 33 2.4.3 THE
BASELINE EXPERIMENTAL MARKET AND ITS EXTENSIONS 38 BIBLIOGRAFISCHE
INFORMATIONEN HTTP://D-NB.INFO/99403864X DIGITALISIERT DURCH 169 VIN
CONTENTS 2.4.4 ALTERNATIVE TREATMENT DESIGNS 42 2.4.5 EFFICIENCY IN
EXPERIMENTAL ASSET MARKETS 63 3 EXPERIMENTAL DESIGN AND METHODOLOGY 67
3. 1 INTERFACE DESIGN 69 3.2 STOCKMARKET 72 3.3 DIGITAL OPTION MARKET 73
3.4 DESCRIPTION OF THE EXPERIMENTAL SESSIONS 80 3.4.1 SUBJECTPOOL 80
3.4.2 SESSION LAYOUT 82 4 RESULTS 87 4. 1 EXPERIMENTAL RESULTS 87 4.1.1
DESCRIPTIVE STATISTICS 87 4.1.2 MEASURES OF BUBBLE SEVERITY 89 4.1.3
SUBJECT PERFORMANCE 112 4.2 INTERPRETATION OF BEHAVIORAL REGULARITIES
116 4.2.1 THE HYPOTHESIS OF OBSERVATIONAL BELIEF-ADAPTATION 116 4.2.2
THE HARUVY, LAHAV AND NOUSSAIR (2007) STUDY 123 4.2.3 BOUNDED
RATIONALITY AND IRRATIONALITY 126 5 CONCLUSION AND OUTLOOK 137 5.1
SUMMARY OF THE CONTRIBUTION 137 5.2 OUTLOOK AND SUGGESTIONS FOR FUTURE
RESEARCH 139 6 APPENDICES 143 6.1 EXPLANATION OF BUBBLE MEASURE
CALCULATIONS 143 6.2 DETAILED PRICE PLOTS 148 6.3 STATISTICAL ANALYSIS
OF QUESTIONNAIRE RESPONSES 1 56 BIBLIOGRAPHY 159 INDEX |
| any_adam_object | 1 |
| author | Palan, Stefan 1979- |
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| author_variant | s p sp |
| building | Verbundindex |
| bvnumber | BV035659409 |
| classification_rvk | QK 660 |
| ctrlnum | (OCoLC)845531888 (DE-599)DNB99403864X |
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| dewey-ones | 332 - Financial economics |
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| dewey-sort | 3332.6420724 |
| dewey-tens | 330 - Economics |
| discipline | Mathematik Wirtschaftswissenschaften |
| format | Book |
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| illustrated | Illustrated |
| indexdate | 2024-07-20T10:16:17Z |
| institution | BVB |
| isbn | 9783642021466 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-017713859 |
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| physical | XV, 171 S. graph. Darst. 235 mm x 155 mm |
| publishDate | 2009 |
| publishDateSearch | 2009 |
| publishDateSort | 2009 |
| publisher | Springer |
| record_format | marc |
| series | Lecture Notes in Economics and Mathematical Systems |
| series2 | Lecture Notes in Economics and Mathematical Systems |
| spelling | Palan, Stefan 1979- Verfasser (DE-588)133556301 aut Bubbles and crashes in experimental asset markets Stefan Palan Heidelberg [u.a.] Springer 2009 XV, 171 S. graph. Darst. 235 mm x 155 mm txt rdacontent n rdamedia nc rdacarrier Lecture Notes in Economics and Mathematical Systems 626 Aktienmarkt (DE-588)4130931-5 gnd rswk-swf Experimentelle Wirtschaftsforschung (DE-588)4252654-1 gnd rswk-swf Eingeschränkte Rationalität (DE-588)4403080-0 gnd rswk-swf Börsenkrach (DE-588)4195388-5 gnd rswk-swf Spekulative Blase (DE-588)4450213-8 gnd rswk-swf Aktienmarkt (DE-588)4130931-5 s Spekulative Blase (DE-588)4450213-8 s Börsenkrach (DE-588)4195388-5 s Eingeschränkte Rationalität (DE-588)4403080-0 s Experimentelle Wirtschaftsforschung (DE-588)4252654-1 s DE-604 Erscheint auch als Online-Ausgabe 978-3-642-02147-3 Lecture Notes in Economics and Mathematical Systems 626 (DE-604)BV000000036 626 text/html http://deposit.dnb.de/cgi-bin/dokserv?id=3295386&prov=M&dok%5Fvar=1&dok%5Fext=htm Inhaltstext DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017713859&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Palan, Stefan 1979- Bubbles and crashes in experimental asset markets Lecture Notes in Economics and Mathematical Systems Aktienmarkt (DE-588)4130931-5 gnd Experimentelle Wirtschaftsforschung (DE-588)4252654-1 gnd Eingeschränkte Rationalität (DE-588)4403080-0 gnd Börsenkrach (DE-588)4195388-5 gnd Spekulative Blase (DE-588)4450213-8 gnd |
| subject_GND | (DE-588)4130931-5 (DE-588)4252654-1 (DE-588)4403080-0 (DE-588)4195388-5 (DE-588)4450213-8 |
| title | Bubbles and crashes in experimental asset markets |
| title_auth | Bubbles and crashes in experimental asset markets |
| title_exact_search | Bubbles and crashes in experimental asset markets |
| title_full | Bubbles and crashes in experimental asset markets Stefan Palan |
| title_fullStr | Bubbles and crashes in experimental asset markets Stefan Palan |
| title_full_unstemmed | Bubbles and crashes in experimental asset markets Stefan Palan |
| title_short | Bubbles and crashes in experimental asset markets |
| title_sort | bubbles and crashes in experimental asset markets |
| topic | Aktienmarkt (DE-588)4130931-5 gnd Experimentelle Wirtschaftsforschung (DE-588)4252654-1 gnd Eingeschränkte Rationalität (DE-588)4403080-0 gnd Börsenkrach (DE-588)4195388-5 gnd Spekulative Blase (DE-588)4450213-8 gnd |
| topic_facet | Aktienmarkt Experimentelle Wirtschaftsforschung Eingeschränkte Rationalität Börsenkrach Spekulative Blase |
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| volume_link | (DE-604)BV000000036 |
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