This study examines risk premia in a laboratory market featuring a long-lived asset. The research is enabled by …, statistically significant risk premia are reported, in support of standard asset pricing models. Potential determinants of the risk … premia are investigated. These risk premia are not sensitive to expected variance, but do vary positively with the magnitude …

bubbles. We consider a setting where participants sorted according to their degree of risk aversion trade in experimental … asset markets. We show that risk sorting is able to explain bubbles partially: Markets with the most risk-tolerant traders … exhibit larger bubbles than markets with the most risk averse traders. In our study risk aversion does not correlate with …

the classical CAPM, producing a model called CAPM+. When these econometric tests are applied to data generated by large …-scale laboratory asset markets which reveal both prices and portfolio choices, CAPM+ is not rejected …

Estimates of agents' risk aversion differ between market studies and experimental studies. We demonstrate that the … background wealth as well as across risky outcomes: Risk aversion is similar whenever similar degrees of narrow framing is … assumed in either setting. Risk aversion, narrow framing, background wealth, laboratory experiments, market studies, equity …

observed changes reflect opportunities or threats? Furthermore, financial statements analysis reduces risk and uncertainty in … decision making. Therefore, financial statements analysis must be used to reduce risk and uncertainty by using tools and …

schemes affect liquidity provision and asset prices. Investors face a trade-off between risk and return. At the benefit of a … liquidity provision to force traders to trade at a lower price. By contrast, bonus caps make traders value the asset less than … investors. This should encourage liquidity provision and decrease prices. In contrast to these predictions, we find that under …