Bubbles and Experience: An Experiment

Martin Dufwenberg, Tobias Lindqvist () and Evan Moore

American Economic Review, 2005, vol. 95, issue 5, 1731-1737

Abstract: We investigate the occurrence of bubble-crash pricing patterns in laboratory financial markets with a mixture of experienced and inexperienced traders. We find that even with a minority of experienced traders, bubbles are substantially abated.

Date: 2005
Note: DOI: 10.1257/000282805775014362
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Citations: View citations in EconPapers (224)

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