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In the experiment, subjects have tables at their disposal that indicate the expected future dividend stream, which corresponds to the fundamental value, at any time. Subjects take a quiz on how to read the table before the market opens. Thus the fundamental value of the asset is common knowledge...
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Experimental methods are now a mainstream empirical methodology in economics. The papers in this volume represent some recent developments in research on experimental markets. The articles span a variety of topics related to experimental markets, including auctions, taxation, institutional...
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