What Have We Learned from Experimental Finance?
Lecture Notes in Economics and Mathematical Systems, Vol. 590, pp. 93-100, Sobei H. Oda, (ed.), Springer, Berlin, 2007
Posted: 27 Aug 2007
This paper addresses five questions about stock market research using methods of experimental economics: (1) Why do we need even more data on financial markets when so much is already available? (2) How could the data from such small scale simple markets help us gain insights into far more complex investment environments? (3) Is experimental finance a variation of behavioral economics/behavioral finance? (4) What have we learned so far from asset market experiments? And (5) What is next?
Keywords: experimental finance, asset markets
JEL Classification: C92, G12, G14
Suggested Citation: Suggested Citation