Showing 1 - 10 of 21,789
This paper studies the impact of the confirmatory bias on financial markets. Building on Rabin and Schrag (1999), we … the state of the world. The confirmatory bias provides a unified rationale for several existing stylized facts including … bias is at work in financial markets …
Persistent link: https://www.econbiz.de/10012983169
Persistent link: https://www.econbiz.de/10015052992
Persistent link: https://www.econbiz.de/10009578840
Persistent link: https://www.econbiz.de/10001828752
Persistent link: https://www.econbiz.de/10001744209
Persistent link: https://www.econbiz.de/10001517885
This document is the supplement of the paper, titled "A Computing Bias in Estimating the Probability of Informed …
Persistent link: https://www.econbiz.de/10013134226
the result of algorithmic trading influenced by human traders/programmers' behavioral bias to transact on round time marks …
Persistent link: https://www.econbiz.de/10013061307
Persistent link: https://www.econbiz.de/10012215231
This paper sets up an experimental asset market in the laboratory to investigate the effects of ambiguity on price formation and trading behavior in financial markets. The obtained trading data is used to analyze the effect of ambiguity on various market outcomes (the price level, volatility,...
Persistent link: https://www.econbiz.de/10012663127