Overpricing and stake size

On the robustness of results from experimental asset markets

M.G. Kocher, P. Martinsson, David Schindler

Research output: Contribution to journalArticleScientificpeer-review

Abstract

We assess the effects of a stake size variation on experimental asset markets. Our results show that a fivefold increase in stake size leads to higher trading frequencies. Mispricing and overpricing, however, are not fundamentally different for different stake sizes.
Original languageEnglish
Pages (from-to)104-104
JournalEconomics Letters
Volume154
DOIs
Publication statusPublished - May 2017
Externally publishedYes

Fingerprint

Experimental asset markets
Robustness
High-frequency trading
Mispricing

Keywords

  • experimental finance
  • incentives
  • traders
  • bubbles

Cite this

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title = "Overpricing and stake size: On the robustness of results from experimental asset markets",
abstract = "We assess the effects of a stake size variation on experimental asset markets. Our results show that a fivefold increase in stake size leads to higher trading frequencies. Mispricing and overpricing, however, are not fundamentally different for different stake sizes.",
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Overpricing and stake size : On the robustness of results from experimental asset markets. / Kocher, M.G.; Martinsson, P.; Schindler, David.

In: Economics Letters, Vol. 154, 05.2017, p. 104-104.

Research output: Contribution to journalArticleScientificpeer-review

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