52
Views
0
CrossRef citations to date
0
Altmetric
Research articles

Prices in experimental asset markets under uncertainty

Pages 149-163 | Published online: 07 Jul 2009

References

  • Bossaert , P. , Ghirardato , P. , Guarnaschielli , S. and Zame , W. 2007 . Ambiguity in asset markets: theory and experiments . Collegio Carlo Alberto , 26
  • Camerer , C. and Kunreuther , H. 1989 . Experimental markets for insurance . Journal of Risk and Uncertainty , 2 : 265 – 300 .
  • Camerer , C. and Weber , M. 1992 . Recent developments in modeling preferences: uncertainty and ambiguity . Journal of Risk and Uncertainty , 5 : 325 – 370 .
  • Di Mauro , C. 2008 . Uncertainty aversion vs. competence: an experimental market study . Theory and Decision , 64 : 301 – 331 .
  • Dow , J. and da Costa Werlang , S. R. 1992 . Uncertainty aversion, risk aversion, and the optimal choice of portfolio . Econometrica , 60 : 197 – 204 .
  • Ellsberg , D. 1961 . Risk, ambiguity, and the Savage axiom . Quarterly Journal of Economics , 75 : 643 – 669 .
  • Epstein , L. G. and Wang , T. 1994 . Intertemporal asset pricing under Knightian uncertainty . Econometrica , 62 : 283 – 322 .
  • Fischbacher , U. 2007 . Z-Tree: Zurich Toolbox for ready-made economic experiments . Experimental Economics , 10 : 171 – 178 .
  • Halevy , Y. 2007 . Ellsberg revisited: an experimental study . Econometrica , 75 ( 2 ) : 503 – 536 .
  • Haruvy , E. and Noussair , C. 2006 . The effect of short-selling on bubbles and crashes in experimental spot asset market . Journal of Finance , 61 : 1119 – 1157 .
  • Hirshleifer , D. 2001 . Investor psychology and asset pricing . Journal of Finance , 56 : 1533 – 1597 .
  • Hogarth , R. and Einhorn , H. 1990 . Venture theory: a model of decision weights . Management Science , 36 : 780 – 803 .
  • Keynes , J. M. 1921 . A treatise on probability , London : Macmillan .
  • Lei , V. , Noussair , C. and Plott , C. R. 2001 . Non speculative bubbles in experimental asset markets: lack of common knowledge of rationality vs. actual irrationality . Econometrica , 69 : 831 – 859 .
  • Mukerji , S. and Tallon , J. M. 2001 . Ambiguity aversion and incompleteness of financial markets . Review of Economic Studies , 68 : 883 – 904 .
  • Rietz , T. 1999 . Enforcing arbitrage restrictions in experimental asset market University of Iowa, mimeo
  • Sarin , R. and Weber , M. 1993 . Effects of ambiguity in market experiments . Management Science , 39 : 602 – 615 .
  • Savage , L. 1954 . The foundations of statistics , New York : Wiley .
  • Schleifer , A. and Vishny , R. W. 1997 . The limits of arbitrage . Journal of Finance , 52 : 35 – 55 .
  • Smith , V. L. , Suchanek , G. L. and Williams , A. A. 1988 . Bubbles, crashes and endogenous expectations in experimental spot asset markets . Econometrica , 56 : 1119 – 1151 .
  • Sunder , S. 1995 . “ Experimental asset markets: a survey ” . In Handbook of experimental economics Edited by: Kagel , J. and Roth , A. 445 – 500 . Princeton University Press
  • Weber , M. , Keppe , H. J. and Meyer-Delius , G. 2000 . The impact of endowment framing on market prices: an experimental analysis . Journal of Economic Behavior and Organization , 41 : 159 – 176 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.