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in money-sharing games will make; and chapter 3 takes an existing theroetical model of stochastic decision-making and …
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This paper will go into detail on a stock market simulation done by 352 different individuals. There was a cash prize for the participant who finished with the highest earned amount at the end of the simulation and each participant was asked a series of questions after they completed the...
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Recent literature in empirical finance is surveyed in its relation to underlying behavioral principles, principles …
Persistent link: https://www.econbiz.de/10014024220
of behavioral biases on the investors' investment decision making in the Pakistani equity market, as well as the roles … that market anomalies and financial literacy play in the decision making process. We first document the empirical evidence … significantly influence the investors' investment decision making. The additional analyses confirm the mediating roles of certain …
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The use of fundamentalist traders in the stock market models is problematic since fundamental values in the real world are unknown. Yet, in the literature to date, fundamentalists are often required to replicate key stylized facts. The authors present an agent-based model of the stock market in...
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