Price Bubbles in Laboratory Asset Markets with Constant Fundamental Values
By Charles N. Noussair, Stéphane Robin, B. Ruffieux. 2001
203 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/b8d766fea88eca735716131b04ac4b67d203bdb8
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Cars H. Hommes
- Frank H. Westerhoff
- Joep Sonnemans
- Jan Tuinstra
- H. V. D. Velden
- Jürgen Huber
- Thomas Lux
- Thomas Stöckl
In Finance
- Cars H. Hommes
- Florian Wedlich
- A. Oehler
- Thomas Lux
- Joep Sonnemans
- Jan Tuinstra
- H. V. D. Velden
- Frank H. Westerhoff
Citations in the corpus
- Expectations and Bubbles in Asset Pricing Experiments (2008, result): “This remarkable …nding has been corroborated in many other asset market experiments, with varying designs (e.g., King et al. 1993, Porter and Smith 1995, Noussair et al. 2001, Smith et al. 2000).”
- Bubble measures in experimental asset markets (2010, background): “In a first attempt, King et al. (1993) define a bubble as “trade in high volumes at prices considerably at variance from intrinsic values.” Noussair et al. (2001, p. 94) operationalize this by defining a bubble to exist if either “(a) the median transaction price in five consecutive periods is at ”
- Emotional State and Market Behavior (2013, unknown): “…such as the ability to sell short and the trading institution (Van Boening et al., 1993; Haruvy and Noussair, 2006; Lugovskyy et al., 2012), and the time path of fundamentals (Noussair et al., 2001; Noussair and Powell, 2010; Kirchler et al., 2012; Giusti et al., 2012; Breaban and Noussair, 2013).”
- Investors' Personality Influences Investment Decisions: Experimental Evidence on Extraversion and Neuroticism (2018, background): “of individual financial decisions because it “captures a structure found in many assets traded in the field, such as dividend-paying stocks” (Noussair et al. [2001], p.”
- Financial power laws: Empirical evidence, models, and mechanism (2016, background): “It is worth mentioning that recently mounting evidence speaks in favor of multi-scaling in the temporal dependence structure of financial fluctuations: rather than the simple scaling (power) law (2) we might indeed face a continuum of scaling laws for various powers of absolute returns:”