Gender and Bubbles in Experimental Markets with Positive and Negative Expectation Feedback

被引：0
|
作者：
Zhou Lu
Te Bao
Xiaohua Yu
机构：
[1] Norwegian School of Economics,Department of Finance
[2] Nanyang Technological University,Division of Economics, School of Social Sciences and NTU
[3] University of Gӧttingen,WeBank Research Centre on FinTech
来源：
Computational Economics | 2021年 / 57卷
关键词：
Learning-to-forecast experiments; Gender difference; Asset pricing; Asset bubbles; Experiment economics; C91; C92; D58; D83; D84; G12; J16;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
We investigate the effect of gender on the price deviation (bubble) from the fundamental value in a learning-to-forecast experiment. Our results show that gender plays a more prominent role in markets with positive expectation feedback than in markets with negative feedback. In both types of markets, market prices tend to depart more from the fundamental values when there are more male participants in the market.
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收藏
页码：1307 / 1326
页数：19
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