Similar Search Results

Information aggregation, speculation, and arbitrage in a simple option market experiment

Rockenbach, Bettina - In: Revue d'économie politique 111 (2001) 1, pp. 41-65

The fact that all arbitrage opportunities are exploited is a fundamental assumption of option pricing theory. Empirical … and experimental studies of investment decisions, however, found that arbitrage is not completely exploited by individuals … types are evaluated separately. An open question, however, is whether unexploited arbitrage opportunities will also be …

Persistent link: https://www.econbiz.de/10011187167

Algorithm aversion as an obstacle in the establishment of Robo advisors

Filiz, Ibrahim; Judek, Jan René; Lorenz, Marco; … - In: Journal of Risk and Financial Management 15 (2022) 8, pp. 1-25

Within the framework of a laboratory experiment, we examine to what extent algorithm aversion acts as an obstacle in the establishment of robo advisors. The subjects had to complete diversification tasks. They could either do this themselves or they could delegate them to a robo advisor. The...

Persistent link: https://www.econbiz.de/10014332554

Algorithm aversion as an obstacle in the establishment of Robo advisors

Filiz, Ibrahim; Judek, Jan René; Lorenz, Marco; … - In: Journal of risk and financial management : JRFM 15 (2022) 8, pp. 1-25

Persistent link: https://www.econbiz.de/10013380483

Un estudio sobre el papel clasificador de las garantías en los mercados de crédito con información asimétrica

Capra, C. Mónica; Comeig, Irene Ramírez; Blanco, … - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2001

This paper tests Bester's (1985, 1987) prediction about the separating role ofcontracts that involve both interest rates and collateral in credit markets. To test thisprediction we use data from natural credit markets and controlled experiments. Using asample of credits to small and medium size...

Persistent link: https://www.econbiz.de/10005731193

Transparency, Efficiency and the Distribution of Economic Welfare in Pass-Through Investment Trust Games

Rietz, Thomas A.; Sheremeta, Roman M.; Shields, Timothy W. - Economic Science Institute (ESI), Argyros School of … - 2011

We design an experiment to examine welfare and behavior in a multi-level trust game representing a pass through investment in an intermediated market. In a repeated game, an Investor invests via an Intermediary who lends to a Borrower. A pre-experiment one-shot version of the game serves as a...

Persistent link: https://www.econbiz.de/10009025293

Transparency, Efficiency and the Distribution of Economic Welfare in Pass-Through Investment Trust Games

Rietz, Thomas; Sheremeta, Roman; Shields, Timothy; … - Volkswirtschaftliche Fakultät, … - 2013

We design an experiment to examine behavior and welfare in a multi-level trust game representing a pass through investment in an intermediated market. In a repeated game, an investor invests via an intermediary who lends to a borrower. A pre-experiment one-shot version of the game serves as a...

Persistent link: https://www.econbiz.de/10011112061

Numbers over narratives? : how government message strategies affect citizens' attitudes

Piotrowski, Suzanne J.; Grimmelikhuijsen, Stephan; … - In: Public performance & management review 42 (2019) 5, pp. 1005-1028

Persistent link: https://www.econbiz.de/10012206123

Competing Against the Opposite Sex

Antonovics, Kate; Arcidiacono, Peter; Walsh, Randall - Department of Economics, University of California-San … - 2003

competitive settings and whether the performance of men and women is affected by the gender of their opponents. The data show that … performance explains at most 27% of this differential. Our results also suggest that men's relative success arises because men … competitors the better men perform. In contrast, we do not find strong evidence that the performance of women is affected by the …

Persistent link: https://www.econbiz.de/10010536443

Cooperation, Competition, and Risk Attitudes: An Intergenerational Field and Laboratory Experiment

Charness, Gary; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2007

competitiveness of the environment and there is no significant difference in performance in the real-effort task across the …

Persistent link: https://www.econbiz.de/10005762257

Cooperation and Competition in Intergenerational Experiments in the Field and the Laboratory

Charness, Gary; Villeval, Marie-Claire - Groupe d'Analyse et de Théorie Économique Lyon … - 2009

There is economic pressure towards the postponement of the retirement age, but employers are still reluctant to employ older workers. We investigate the comparative behavior of juniors and seniors in experiments conducted both onsite with the employees of two large firms and in a conventional...

Persistent link: https://www.econbiz.de/10008494241