LIBROS DEL AUTOR: stefan palan

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  • Bubbles and Crashes in Experimental Asset Markets
    Stefan Palan
    This book describes a laboratory experiment designed to test the causes and properties of bubbles in financial markets and explores the question whether it is possible to design markets which avoid such bubbles and crashes. In the experiment, subjects were given the opportunity to trade in a stock market modeled after the seminal work of Smith et al. (1988). To account for the ...
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