메뉴 건너뛰기




Volumn 102, Issue 2, 2012, Pages 865-883

Thar she bursts: Reducing confusion reduces bubbles

Author keywords

[No Author keywords available]

Indexed keywords


EID: 84862505700     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.102.2.865     Document Type: Review
Times cited : (191)

References (26)
  • 3
    • 2942643394 scopus 로고    scopus 로고
    • Financial bubbles: Excess cash, momentum, and incomplete information
    • Caginalp, Gunduz, David Porter, and Vernon Smith. 2001. "Financial Bubbles: Excess Cash, Momentum, and Incomplete Information. " Journal of Psychology and Financial Markets 2(2):80-99.
    • (2001) Journal of Psychology and Financial Markets , vol.2 , Issue.2 , pp. 80-99
    • Caginalp, G.1    Porter, D.2    Smith, V.3
  • 4
    • 0010149938 scopus 로고
    • Convergence in experimental double auctions for stochastically live assets
    • D. Friedman and J. Rust. Redwood City, CA: Addison-Wesley
    • Camerer, Colin, and Keith Weigelt. 1993. "Convergence in Experimental Double Auctions for Stochastically Live Assets." In The Double Auction Market: Theories, Institutions, and Experimental Evaluations, edited by D. Friedman and J. Rust. Redwood City, CA: Addison-Wesley.
    • (1993) The Double Auction Market: Theories, Institutions, and Experimental Evaluations
    • Camerer, C.1    Weigelt, K.2
  • 5
    • 67349105327 scopus 로고    scopus 로고
    • The control of game form recognition in experiments: Understanding dominant strategy failures in a simple two person "guessing" game
    • Chou, Eileen, Margaret McConnell, Rosemarie Nagel, and Charles R. Plott. 2009. "The Control of Game Form Recognition in Experiments: Understanding Dominant Strategy Failures in a Simple Two Person "Guessing" Game." Experimental Economics 12(2):159-79.
    • (2009) Experimental Economics , vol.12 , Issue.2 , pp. 159-179
    • Chou, E.1    McConnell, M.2    Nagel, R.3    Plott, C.R.4
  • 6
    • 33645749577 scopus 로고    scopus 로고
    • Bubbles and experience: An experiment
    • DOI 10.1257/000282805775014362
    • Dufwenberg, Martin, Tobias Lindqvist, and Evan Moore. 2005. "Bubbles and Experience: An Experiment." American Economic Review 95(5):1731-37. (Pubitemid 43550754)
    • (2005) American Economic Review , vol.95 , Issue.5 , pp. 1731-1737
    • Dufwenberg, M.1    Lindqvist, T.2    Moore, E.3
  • 7
    • 0000480869 scopus 로고
    • Efficient capital markets: A review of theory and empirical work
    • Fama, Eugene F. 1970. "Efficient Capital Markets: A Review of Theory and Empirical Work." Journal of Finance 25(2):383-417.
    • (1970) Journal of Finance , vol.25 , Issue.2 , pp. 383-417
    • Fama, E.F.1
  • 8
    • 34248161108 scopus 로고    scopus 로고
    • Z-tree: Zurich toolbox for ready-made economic experiments
    • Fischbacher, Urs. 2007. "Z-Tree: Zurich Toolbox for Ready-Made Economic Experiments." Experimental Economics 10(2):171-78.
    • (2007) Experimental Economics , vol.10 , Issue.2 , pp. 171-178
    • Fischbacher, U.1
  • 10
    • 38049178223 scopus 로고    scopus 로고
    • Traders' expectations in asset markets: Experimental evidence
    • Haruvy, Ernan, Yaron Lahav, and Charles N. Noussair. 2007. "Traders' Expectations in Asset Markets: Experimental Evidence." American Economic Review 97(5):1901-20.
    • (2007) American Economic Review , vol.97 , Issue.5 , pp. 1901-1920
    • Haruvy, E.1    Lahav, Y.2    Noussair, C.N.3
  • 11
    • 33745686518 scopus 로고    scopus 로고
    • The effect of short selling on bubbles and crashes in experimental spot asset markets
    • DOI 10.1111/j.1540-6261.2006.00868.x
    • Haruvy, Ernan, and Charles N. Noussair. 2006. "The Effect of Short Selling on Bubbles and Crashes in Experimental Spot Asset Markets." Journal of Finance 61(3):1119-57. (Pubitemid 44001309)
    • (2006) Journal of Finance , vol.61 , Issue.3 , pp. 1119-1157
    • Haruvy, E.1    Noussair, C.N.2
  • 12
    • 0037756148 scopus 로고    scopus 로고
    • Risk aversion and incentive effects
    • Holt, Charles A., and Susan K. Laury. 2002. "Risk Aversion and Incentive Effects." American Economic Review 92(5):1644-55.
    • (2002) American Economic Review , vol.92 , Issue.5 , pp. 1644-1655
    • Holt, C.A.1    Laury, S.K.2
  • 13
    • 73149084025 scopus 로고    scopus 로고
    • Thar she blows: Can bubbles be rekindled with experienced subjects?
    • Hussam, Reshmaan N., David Porter, and Vernon L. Smith. 2008. "Thar She Blows: Can Bubbles Be Rekindled with Experienced Subjects?" American Economic Review 98(3):924-37.
    • (2008) American Economic Review , vol.98 , Issue.3 , pp. 924-937
    • Hussam, R.N.1    Porter, D.2    Smith, V.L.3
  • 14
    • 0038432486 scopus 로고    scopus 로고
    • Nonspeculative bubbles in experimental asset markets: Lack of common knowledge of rationality vs. actual irrationality
    • Lei, Vivian, Charles N. Noussair, and Charles R. Plott. 2001. "Nonspeculative Bubbles in Experimental Asset Markets: Lack of Common Knowledge of Rationality vs. Actual Irrationality." Econometrica 69(4):831-59. (Pubitemid 33645471)
    • (2001) Econometrica , vol.69 , Issue.4 , pp. 831-859
    • Lei, V.1    Noussair, C.N.2    Plott, C.R.3
  • 15
    • 65449122706 scopus 로고    scopus 로고
    • Market efficiency: Evidence from a no-bubble asset market experiment
    • Lei, Vivian, and Filip Vesely. 2009. "Market Efficiency: Evidence from a No-Bubble Asset Market Experiment." Pacific Economic Review 14(2):246-58.
    • (2009) Pacific Economic Review , vol.14 , Issue.2 , pp. 246-258
    • Lei, V.1    Vesely, F.2
  • 16
    • 18244409227 scopus 로고    scopus 로고
    • Price bubbles in laboratory asset markets with constant fundamental values
    • Noussair, Charles, Stephane Robin, and Bernard Ruffieux. 2001. "Price Bubbles in Laboratory Asset Markets with Constant Fundamental Values." Experimental Economics 4(1):87-105.
    • (2001) Experimental Economics , vol.4 , Issue.1 , pp. 87-105
    • Noussair, C.1    Robin, S.2    Ruffieux, B.3
  • 17
    • 33744899122 scopus 로고    scopus 로고
    • Futures markets and bubble formation in experimental asset markets
    • DOI 10.1111/j.1468-0106.2006.00308.x
    • Noussair, Charles, and Steven Tucker. 2006. "Futures Markets and Bubble Formation in Experimental Asset Markets." Pacific Economic Review 11(2):167-84. (Pubitemid 43842280)
    • (2006) Pacific Economic Review , vol.11 , Issue.2 , pp. 167-184
    • Noussair, C.1    Tucker, S.2
  • 18
    • 72949096625 scopus 로고    scopus 로고
    • Searching beyond the lamppost: Let's focus on economically relevant questions
    • Oechssler, Jorg. 2010. "Searching beyond the Lamppost: Let's Focus on Economically Relevant Questions." Journal of Economic Behavior and Organization 73(1):65-67.
    • (2010) Journal of Economic Behavior and Organization , vol.73 , Issue.1 , pp. 65-67
    • Oechssler, J.1
  • 20
    • 21844515590 scopus 로고
    • Futures contracting and dividend uncertainty in experimental asset markets
    • Porter, David P., and Vernon L. Smith. 1995. "Futures Contracting and Dividend Uncertainty in Experimental Asset Markets." Journal of Business 68(4):509-41.
    • (1995) Journal of Business , vol.68 , Issue.4 , pp. 509-541
    • Porter, D.P.1    Smith, V.L.2
  • 21
  • 22
    • 0001547941 scopus 로고
    • Bubbles, crashes, and endogenous expectations in experimental spot asset markets
    • Smith, Vernon L., Gerry L. Suchanek, and Arlington W. Williams. 1988. "Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets." Econometrica 56(5):1119-51.
    • (1988) Econometrica , vol.56 , Issue.5 , pp. 1119-1151
    • Smith, V.L.1    Suchanek, G.L.2    Williams, A.W.3
  • 23
    • 0034340477 scopus 로고    scopus 로고
    • Dividend timing and behavior in laboratory asset markets
    • Smith, Vernon L., Mark van Boening, and Charissa P. Wellford. 2000. "Dividend Timing and Behavior in Laboratory Asset Markets." Economic Theory 16(3):567-83.
    • (2000) Economic Theory , vol.16 , Issue.3 , pp. 567-583
    • Smith, V.L.1    Van Boening, M.2    Wellford, C.P.3
  • 24
    • 77955096788 scopus 로고    scopus 로고
    • Bubble measures in experimental asset markets
    • Stockl, Thomas, Jurgen Huber, and Michael Kirchler. 2010. "Bubble Measures in Experimental Asset Markets." Experimental Economics 13(3):284-98.
    • (2010) Experimental Economics , vol.13 , Issue.3 , pp. 284-298
    • Stockl, T.1    Huber, J.2    Kirchler, M.3
  • 26
    • 21144477357 scopus 로고
    • Price bubbles and crashes in experimental call markets
    • Van Boening, Mark V., Arlington W. Williams, and Shawn LaMaster. 1993. "Price Bubbles and Crashes in Experimental Call Markets." Economics Letters 41(2):179-85.
    • (1993) Economics Letters , vol.41 , Issue.2 , pp. 179-185
    • Van Boening, M.V.1    Williams, A.W.2    LaMaster, S.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.