Seminar on "Asset Price Bubbles in Experimental Markets" by Vinod Cheriyan
Speaker: Vinod Cheriyan, Georgia Tech.
Date and Time: 11:30 am, Friday July 12, 2013
Venue: Room 217, Mechanical Engineering
Abstract:
Asset price bubbles have been observed in experimental markets.
However, in most of these studies the supply and demand of assets are
specified exogenously. Also, their finite duration causes end of the
horizon effects. In this work, we design an experimental market with
endogenous supply and demand, and random duration. We show that asset