Lugovskyy, Volodymyr; Puzzello, Daniela; Tucker, Steven; … - In: Journal of Economic Behavior & Organization 107 (2014) PB, pp. 781-797
We report the results of an experiment designed to study the effect of individual asset-holdings restrictions on the formation of bubbles and crashes in laboratory asset markets. Bubbles and crashes are a quite robust phenomenon in experimental settings. Motivated by demand-control policies...