Basic Principles of Asset Pricing Theory: Evidence From Large-Scale Experimental Financial Markets

By Peter Bossaerts, Charles R. Plott. 2000

163 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/52c04aadcae01209dca9155d9ee5f6d3ba16267e

Citations in the corpus

• Neural differentiation of expected reward and risk in human subcortical structures. (2006, unknown): “Financial decision theory sometimes uses additional risk metrics (skewness, kurtosis, etc.), but these appear to be unnecessary to explain valuation when risk is as small as it is in our experiments (Bossaerts and Plott, 2004).”
• Ambiguity in Asset Markets: Theory and Experiment (2010, unknown): “Such violations have been observed before ( Bossaerts & Plott, 2004 ) when, as happened here, an unusual sequence of draws occurred.”
• Fear of the Unknown: Familiarity and Economic Decisions (2007, unknown): “14 Using evidence from large-scale experimental financial markets, Bossaerts and Plott (2004) find that financial assets are priced by the CAPM even though the subjects participating in the experiments do not hold the market portfolio.”