Overpricing and stake size: On the robustness of results from experimental asset markets
Martin Kocher (),
Peter Martinsson and
David Schindler ()
Economics Letters, 2017, vol. 154, issue C, 101-104
We assess the effects of a stake size variation on experimental asset markets. Our results show that a fivefold increase in stake size leads to higher trading frequencies. Mispricing and overpricing, however, are not fundamentally different for different stake sizes.
Keywords: Experimental finance; Incentives; Traders; Bubbles (search for similar items in EconPapers)
JEL-codes: C90 D53 G02 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Working Paper: Overpricing and stake size: On the robustness of results from experimental asset markets (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:154:y:2017:i:c:p:101-104
Access Statistics for this article
Economics Letters is currently edited by Economics Letters Editorial Office
More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Nithya Sathishkumar ().