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...

Experiments were conducted on an asset with the structure of an option. The information of any individual is limited, as if only the direction of movement of the option value known for a single period without information of the value from when movement was initiated. However, if all information...

Experiments were conducted on an asset with the structure of an option. The information of any individual is limited, as if only the direction of movement of the option value known for a single period without information of the value from when movement was initiated. However, if all information...