Browsing Research Publications and Outputs by subject "price bubbles"
Published 2012-11-01We study experimental markets in which participants face incentives modeled upon those prevailing in markets for managed funds. Each participant’s portfolio is periodically evaluated at market value and ranked by their ...Working Paper
Published 2012-05-01We experimentally manipulate agents' information regarding the rationality of others in a setting in which previous studies have found irrationality to be present, namely the asset market experiments introduced by Smith, ...Working Paper
Published 2011-09-01In the world of mutual funds management, responsibility for investment decisions is increasingly entrusted to small teams instead of individuals. Yet the effect of team decision-making in a market environment has never ...Working Paper