Experiments in finance: A survey of historical trends
Christoph Huber and
Michael Kirchler
Journal of Behavioral and Experimental Finance, 2023, vol. 37, issue C
Abstract:
Experiments complement other methods in identifying causal relationships and measuring behavioral deviations from theoretical predictions. While the experimental method has long been central in many scientific disciplines, it was almost nonexistent in finance until the 1980s. To survey the development of experiments in finance, we compiled a comprehensive account of experimental studies published in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Review of Finance, Journal of Quantitative and Financial Analysis, and Journal of Banking and Finance, and experimental finance studies published in the top 5 journals in economics. With this novel dataset, we identified historical trends in experimental finance. Since the first experiments were published in finance journals in the 1980s, especially in the last 20 years, the share of experimental publications in these journals has markedly increased. In this article, we report trends toward descriptive, individual decision, and field experiments.
Keywords: Experimental finance; Laboratory experiments; Field experiments; Survey (search for similar items in EconPapers)
JEL-codes: B41 C90 G00 G41 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S221463502200065X
Related works:
Working Paper: Experiments in Finance – A Survey of Historical Trends (2022) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:beexfi:v:37:y:2023:i:c:s221463502200065x
DOI: 10.1016/j.jbef.2022.100737
Access Statistics for this article
Journal of Behavioral and Experimental Finance is currently edited by Michael Dowling and Jürgen Huber
More articles in Journal of Behavioral and Experimental Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().