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The effects of a Tobin tax on foreign exchange markets have long been disputed. We present an experiment with currency … exist. Concerning the controversial issues we find that (i) volatility effects depend on the existence of tax havens and on …
Persistent link: https://www.econbiz.de/10010293390
Persistent link: https://www.econbiz.de/10003977854
The effects of a Tobin tax on foreign exchange markets have long been disputed. We present an experiment with currency … exist. Concerning the controversial issues we find that (i) volatility effects depend on the existence of tax havens and on … has persistent effects even after its abolishment. -- Tobin tax ; experiment ; foreign exchange ; market efficiency …
Persistent link: https://www.econbiz.de/10009731148
Persistent link: https://www.econbiz.de/10003568124
The effects of a Tobin tax on foreign exchange markets have long been disputed. We present an experiment with currency … exist. Concerning the controversial issues we find that (i) volatility effects depend on the existence of tax havens and on …
Persistent link: https://www.econbiz.de/10005399040
Myopic loss aversion (MLA) has been established as one prominent explanation for the equity premium puzzle. In this paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative impact of feedback frequency and investment flexibility (via...
Persistent link: https://www.econbiz.de/10010263139
dictator game. In our experiment teams are more selfish than individuals, and the most selfish team member has the strongest …
Persistent link: https://www.econbiz.de/10011349704
We measure time preferences in a sample of 561 children aged seven to eleven years. Using a within-subject design we compare the behavior of our subjects in two distinct experimental tasks: a standard choice list with multiple decisions and a simpler time-investment-exercise requiring one...
Persistent link: https://www.econbiz.de/10011373895
than Italian-speaking children to delay gratification in an intertemporal choice experiment. The difference remains …
Persistent link: https://www.econbiz.de/10011346563
experiment whether gossip affects the efficiency of human interactions. We let subjects play a trust game. Third parties observe …
Persistent link: https://www.econbiz.de/10011452089