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economic theory. Nevertheless, as the increasingly exquisite and detailed financial data demonstrate, financial markets often …
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"The economic process of financialization is defined by many as the development of the dependence and subordination of the productive sector to the financial sector. Leading to an emphasis on maximising shareholder value above all else, the financialization of the economy and production has an...
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One possible determinant of overpricing on asset markets is a lack of self-control abilities of traders. Self-control is the individual capacity to override or inhibit undesired behavioral tendencies such as impulses and to refrain from acting on them. We implement the first experiment that is...
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