| 036a | XA-DE |
| 037b | eng |
| 077a | 307084507 Buchausg. u.d.T.: ‡Palan, Stefan, 1979 - : Bubbles and crashes in experimental asset markets |
| 087q | 978-3-642-02146-6 |
| 100 | Palan, Stefan |
| 331 | Bubbles and Crashes in Experimental Asset Markets |
| 410 | Berlin, Heidelberg |
| 412 | Springer-Verlag Berlin Heidelberg |
| 425 | 2009 |
| 425a | 2009 |
| 433 | Online-Ressource (XV, 171 p. 20 illus, digital) |
| 451 | Lecture Notes in Economics and Mathematical Systems ; 626 |
| 454 | Lecture notes in economics and mathematical systems |
| 455 | 626 |
| 501 | Literaturverz. S. 159 - 167 |
| 517 | 189055_1_En_BookFrontmatter_OnlinePDF; 189055_1_En_1_Chapter_OnlinePDF; 189055_1_En_2_Chapter_OnlinePDF; 189055_1_En_3_Chapter_OnlinePDF; 189055_1_En_4_Chapter_OnlinePDF; 189055_1_En_5_Chapter_OnlinePDF; 189055_1_En_6_Chapter_OnlinePDF; 189055_1_En_BookBackmatter_OnlinePDF |
| 527 | Buchausg. u.d.T.: ‡Palan, Stefan, 1979 - : Bubbles and crashes in experimental asset markets |
| 540a | ISBN 978-3-642-02147-3 |
| 700 | |83.44 |
| 700 | |KCBM |
| 700 | |KCLF |
| 700 | |BUS027000 |
| 700b | |332 |
| 700b | |332.6420724 |
| 700b | |332.0415 |
| 700c | |HG1-9999 |
| 700g | 1270918982 QK 620 |
| 700g | 1271477084 QK 660 |
| 750 | This book describes a laboratory experiment designed to test the causes and properties of bubbles in financial markets and explores the question whether it is possible to design markets which avoid such bubbles and crashes. In the experiment, subjects were given the opportunity to trade in a stock market modeled after the seminal work of Smith et al. (1988). To account for the increasing importance of online betting sites, subjects were also allowed to trade in a digital option market. The outcomes shed new light on how subjects form and update their expectations, placing special emphasis on the bounded rationality of investors. Various analytical bubble measures found in the literature are collected, calculated, classified and presented for the first time. The very interesting new bubble measures "Dispersion Ratio", "Overpriced Transactions" and "Underpriced Transactions" are developed, making the book an important step towards the research goal of preventing bubbles and crashes in financial markets. In addition, the book formulates concrete new research hypotheses for future studies. |
| 902s | 209623209 Aktienmarkt |
| 902s | 212563106 Spekulative Blase |
| 902s | 210100788 Börsenkrach |
| 902s | 212079832 Eingeschränkte Rationalität |
| 902s | 210524758 Experimentelle Wirtschaftsforschung |
| 907s | 209623209 Aktienmarkt |
| 907s | 212563106 Spekulative Blase |
| 907s | 210100788 Börsenkrach |
| 907s | 212079832 Eingeschränkte Rationalität |
| 907s | 210524758 Experimentelle Wirtschaftsforschung |
| 012 | 327011335 |
| 081 | Palan, Stefan: Bubbles and Crashes in Experimental Asset Markets |
| 100 | Springer E-Book |
| 125a | Elektronischer Volltext - Campuslizenz |
| 655e | $uhttp://dx.doi.org/10.1007/978-3-642-02147-3 |
