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)
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Working Paper: Overpricing and stake size: On the robustness of results from experimental asset markets (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:154:y:2017:i:c:p:101-104
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