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On the relation between economic bubbles and effort gaps between sellers and buyers: An experimental study

Economic bubbles are an empirical puzzle because they do not readily fit the notion of an efficient market. We argue that bubbles are associated with a conflict and a gap in the allocation of effort during negotiation by sellers and buyers. We examined 21 experimental asset markets where in one cond...

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Detalles Bibliográficos
Autores principales: Yechiam, Eldad, Kauffmann, Amitay, Ashby, Nathaniel J. S., Zahavi, Gal
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2017
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5724868/
https://www.ncbi.nlm.nih.gov/pubmed/29228034
http://dx.doi.org/10.1371/journal.pone.0189359