Bubbles and Experience: An Experiment

By Martin A. Dufwenberg, Tobias Lindqvist, Evan C. Moore. 2005

341 citations recorded by the source corpus.

How researchers see this paper

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Bubbles, Financial Crises, and Systemic Risk (2012, neutral): “Eisenberg and Noe (2001) provide a model of such direct network dependence.”
The Bubble Game : An experimental Study of Speculation (An earlier version of this paper was circulated under the title "The Rational and Irrational Bubbles : an Experiment") (2013, background): “…Ruffieux, 2001) and with lottery-like assets (Ackert, Charupat, Deaves, and Kluger, 2006), but tend to disappear when some traders are experienced (Dufwenberg, Lindqvist, and Moore, 2005), when there are futures markets (Porter and Smith, 1995) and when short-sales are allowed (Ackert, Charupat,…”
Bubble measures in experimental asset markets (2010, background): “... a Porter and Smith (1995), Hussam et al. (2008), Noussair et al. (2001 ), Lei et al. (2002), Lei and Vesely (2009), varying computation in Haruvy and Noussair (2006) and Haruvy et al. (2007), instead of standardizing with FV1 they use FVp Noussair and Powell (2008) refer to PA as “relative ampli”
Traders' Expectations in Asset Markets: Experimental Evidence (2007, background): “…and the magnitude of price bubbles (Smith, Suchanek, and Williams 988; Van Boening, Williams, and LaMaster 993; Martin Dufwenberg, Lindqvist, and Moore 2005). have elicited predictions of prices for one period into the future, in our design, traders predict the price trajectory over all future…”