Experiments on asset markets & decision making

The role of information and time

Yilong Xu

Research output: ThesisDoctoral ThesisScientific

358 Downloads (Pure)

Abstract

This dissertation applies experimental methods to answer a number of questions in economics. Chapter 2 studies whether mispricing in an asset market can be mitigated by introducing a futures market and how trading behaviors in these markets relate to individuals’ cognitive ability. Chapter 3 answers why financial contagions are widely observed even among markets with little fundamental correlations. Chapter 4 concerns risky financial decision-making under time pressure. A set of personal traits relates to the ability to perform well under time pressure are explored. Chapter 5 examines whether the provision of social information regarding other agents’ behavior affects the trade-off between selfishness and generosity.
Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Tilburg University
Supervisors/Advisors
  • Noussair, Charles, Promotor
  • Potters, Jan, Promotor
  • Prüfer, Jens, Promotor
Award date6 Dec 2017
Place of PublicationTilburg
Publisher
Print ISBNs978 90 5668 539 3
Publication statusPublished - 2017

Fingerprint

Time pressure
Asset markets
Experiment
Decision making
Financial decision making
Experimental method
Trading behavior
Futures markets
Trade-offs
Cognitive ability
Economics
Mispricing
Generosity
Financial contagion

Cite this

Xu, Y. (2017). Experiments on asset markets & decision making: The role of information and time. Tilburg: CentER, Center for Economic Research.
Xu, Yilong. / Experiments on asset markets & decision making : The role of information and time. Tilburg : CentER, Center for Economic Research, 2017. 204 p.
@phdthesis{b39625c4b6e24166978842e39f2c55b6,
title = "Experiments on asset markets & decision making: The role of information and time",
abstract = "This dissertation applies experimental methods to answer a number of questions in economics. Chapter 2 studies whether mispricing in an asset market can be mitigated by introducing a futures market and how trading behaviors in these markets relate to individuals’ cognitive ability. Chapter 3 answers why financial contagions are widely observed even among markets with little fundamental correlations. Chapter 4 concerns risky financial decision-making under time pressure. A set of personal traits relates to the ability to perform well under time pressure are explored. Chapter 5 examines whether the provision of social information regarding other agents’ behavior affects the trade-off between selfishness and generosity.",
author = "Yilong Xu",
year = "2017",
language = "English",
isbn = "978 90 5668 539 3",
series = "CentER Dissertation Series",
publisher = "CentER, Center for Economic Research",
school = "Tilburg University",

}

Xu, Y 2017, 'Experiments on asset markets & decision making: The role of information and time', Doctor of Philosophy, Tilburg University, Tilburg.

Experiments on asset markets & decision making : The role of information and time. / Xu, Yilong.

Tilburg : CentER, Center for Economic Research, 2017. 204 p.

Research output: ThesisDoctoral ThesisScientific

TY - THES

T1 - Experiments on asset markets & decision making

T2 - The role of information and time

AU - Xu, Yilong

PY - 2017

Y1 - 2017

N2 - This dissertation applies experimental methods to answer a number of questions in economics. Chapter 2 studies whether mispricing in an asset market can be mitigated by introducing a futures market and how trading behaviors in these markets relate to individuals’ cognitive ability. Chapter 3 answers why financial contagions are widely observed even among markets with little fundamental correlations. Chapter 4 concerns risky financial decision-making under time pressure. A set of personal traits relates to the ability to perform well under time pressure are explored. Chapter 5 examines whether the provision of social information regarding other agents’ behavior affects the trade-off between selfishness and generosity.

AB - This dissertation applies experimental methods to answer a number of questions in economics. Chapter 2 studies whether mispricing in an asset market can be mitigated by introducing a futures market and how trading behaviors in these markets relate to individuals’ cognitive ability. Chapter 3 answers why financial contagions are widely observed even among markets with little fundamental correlations. Chapter 4 concerns risky financial decision-making under time pressure. A set of personal traits relates to the ability to perform well under time pressure are explored. Chapter 5 examines whether the provision of social information regarding other agents’ behavior affects the trade-off between selfishness and generosity.

M3 - Doctoral Thesis

SN - 978 90 5668 539 3

T3 - CentER Dissertation Series

PB - CentER, Center for Economic Research

CY - Tilburg

ER -

Xu Y. Experiments on asset markets & decision making: The role of information and time. Tilburg: CentER, Center for Economic Research, 2017. 204 p. (CentER Dissertation Series).