Bubbles in Asset Market gibt eine kurzen Überblick darüber, wie "Blasen" in Finanzmärkten entstehen könnne und wie deren Entstehung anhand von Experimenten bisher getestet wurde. Darauf aufbauen gibt es empfehlungen für eine geändertes Design der Experimente um bessre Ergebnisse erzielen zu können.
Index
1. Introduction
2. A Definition of bubbles
3. Why do bubbles emerge?
3.1. Experience of Traders
3.2. Riding the Bubble
3.3. Short Selling Restrictions
3.4. Agency Problems
4. Are experiments suitable for testing the development of bubbles?
4.1. Knowledge of the Fundamental Value
4.2. Payout Structure
5. An Alternative to Experiments
6. A New Design for Experiments
6.1. Definition of the Fundamental Value
6.2. Identifying the Purpose of Trading
6.3. Short Selling restrictions
6.4. Payout structure
7. Conclusion
8. References
- Quote paper
- Daniel Hosp (Author), 2012, Bubbles in Asset Markets - A critical valuation of experimental studies, Munich, GRIN Verlag, https://www.grin.com/document/198948
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