The bubble game: an experimental study of speculation

DOI10.3982/ECTA9433MaRDI QIDQ2864825zbMATH OpenFDO

Authors Sophie Moinas, Sebastien Pouget

Publication date 26 November 2013

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3982/ECTA9433

zbMATH Keywords

analogy-based expectation equilibriumbubble gamecognitive hierarchy modelirrational bubblequantal response equilibriumrational bubble

Mathematics Subject Classification ID

Noncooperative games (91A10) Other game-theoretic models (91A40) Applications of game theory (91A80) Experimental studies (91A90) Trade models (91B60) Financial applications of other theories (91G80)

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Cited in

(10)

• Price bubbles sans dividend anchors: evidence from laboratory stock markets
• Behavioral aspects of arbitrageurs in timing games of bubbles and crashes
• Timing games with irrational types: leverage-driven bubbles and crash-contingent claims
• Short-horizon market efficiency, order imbalance, and speculative trading: evidence from the Chinese stock market
• (A)symmetric information bubbles: experimental evidence
• Learning in crowded markets
• A model of financial pyramid with quasi-rational participants
• Socially interdependent risk taking
• Multilevel marketing: Pyramid‐shaped schemes or exploitative scams?
• High-stakes failures of backward induction

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