Do asset market prices reflect traders' judgment biases?

DOI10.1023/A:1007848013750MaRDI QIDQ1585937zbMATH OpenOpenAlexFDO

Authors Ananda R. Ganguly, John H. Kagel, Donald V. Moser

Publication date 21 June 2001

Published in Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1023/a:1007848013750

zbMATH Keywords

experimentoverreactionasset marketsbase rate fallacyBayesian norm

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

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Cited in

(7)

• The dark side of the vote: biased voters, social information, and information aggregation through majority voting
• Number sense, trading decisions and mispricing: an experiment
• Volatility, risk modeling and utility
• Are biased beliefs fit to survive? An experimental test of the market selection hypothesis
• Further critique of GARCH/ARMA/VAR/EVT Stochastic-Volatility models and related approaches
• Individual and group decision making under risk: An experimental study of Bayesian updating and violations of first-order stochastic dominance
• Fishing for fools

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