Showing 1 - 10 of 11,267
Persistent link: https://www.econbiz.de/10003644566
Persistent link: https://www.econbiz.de/10014311668
There is consensus that the recent financial crisis revolved around a crash of the short-term credit market. Yet there is no agreement around the necessary policies to prevent another credit freeze. In this experiment we test the effects that contract length (i.e. maturity mismatch) has on the...
Persistent link: https://www.econbiz.de/10010402935
Persistent link: https://www.econbiz.de/10011401425
Persistent link: https://www.econbiz.de/10011313170
, correlation neglect not only drives overoptimism and overpessimism at the individual level, but also affects aggregate outcomes in … translate into predictable price bubbles and crashes. Finally, we show the robustness of correlation neglect in a naturally …
Persistent link: https://www.econbiz.de/10010339934
Persistent link: https://www.econbiz.de/10003851580
-conncected information sources, implying a pattern of overshooting beliefs. Additionally, in an experimental asset market, correlation …
Persistent link: https://www.econbiz.de/10009748615
-connected information sources, implying a pattern of "overshooting" beliefs. Additionally, in an experimental asset market, correlation … learning. -- beliefs ; correlation neglect ; experiments ; markets ; overshooting …
Persistent link: https://www.econbiz.de/10009740017
-connected information sources, implying a pattern of "overshooting" beliefs. Additionally, in an experimental asset market, correlation …
Persistent link: https://www.econbiz.de/10010211474