๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Bidding and Overconfidence in Experimental Financial Markets

โœ Scribed by Allen, W. David; Evans, Dorla A.


Book ID
121289238
Publisher
Lawrence Erlbaum Associates, Inc.
Year
2005
Tongue
English
Weight
149 KB
Volume
6
Category
Article
ISSN
1542-7560

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โœ Peter Bossaerts; Charles Plott ๐Ÿ“‚ Article ๐Ÿ“… 2002 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 194 KB

We report on small-scale experiments of simple, repeated asset markets in two risky securities and one risk-free security. As in large-scale experiments, steady convergence towards the CAPM is discovered, but the process is slower and convergence halts before reaching the actual equilibrium. There i