Gender and bubbles in experimental markets with positive and negative expectation feedback
We investigate the effect of gender on the price deviation (bubble) from the fundamental value in a learning-to-forecast experiment. Our results show that gender plays a more prominent role in markets with positive expectation feedback than in markets with negative feedback. In both types of markets...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Journal Article |
| Language: | English |
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2022
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| Online Access: | https://hdl.handle.net/10356/161080 |
| _version_ | 1826118111468716032 |
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| author | Lu, Zhou Bao, Te Yu, Xiaohua |
| author2 | School of Social Sciences |
| author_facet | School of Social Sciences Lu, Zhou Bao, Te Yu, Xiaohua |
| author_sort | Lu, Zhou |
| collection | NTU |
| description | We investigate the effect of gender on the price deviation (bubble) from the fundamental value in a learning-to-forecast experiment. Our results show that gender plays a more prominent role in markets with positive expectation feedback than in markets with negative feedback. In both types of markets, market prices tend to depart more from the fundamental values when there are more male participants in the market. |
| first_indexed | 2024-10-01T04:38:23Z |
| format | Journal Article |
| id | ntu-10356/161080 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T04:38:23Z |
| publishDate | 2022 |
| record_format | dspace |
| spelling | ntu-10356/1610802022-08-15T02:35:30Z Gender and bubbles in experimental markets with positive and negative expectation feedback Lu, Zhou Bao, Te Yu, Xiaohua School of Social Sciences NTU-Webank Research Centre on FinTech Social sciences::Economic theory Gender Difference Asset Pricing We investigate the effect of gender on the price deviation (bubble) from the fundamental value in a learning-to-forecast experiment. Our results show that gender plays a more prominent role in markets with positive expectation feedback than in markets with negative feedback. In both types of markets, market prices tend to depart more from the fundamental values when there are more male participants in the market. Ministry of Education (MOE) Nanyang Technological University Financial support from Tier 1 Grant from MOE of Sincapore (RG69/16) and NTU-WeBank JRC (NWJ-2020-003) and National Science Foundation of China (No. 71803201, No. 71773013, and No. 71873149) is gratefully acknowledged. 2022-08-15T02:35:30Z 2022-08-15T02:35:30Z 2021 Journal Article Lu, Z., Bao, T. & Yu, X. (2021). Gender and bubbles in experimental markets with positive and negative expectation feedback. Computational Economics, 57(4), 1307-1326. https://dx.doi.org/10.1007/s10614-020-10020-6 0927-7099 https://hdl.handle.net/10356/161080 10.1007/s10614-020-10020-6 2-s2.0-85088498168 4 57 1307 1326 en RG69/16 NWJ-2020-003 Computational Economics © 2020 Springer Science+Business Media, LLC, part of Springer Nature. All rights reserved. |
| spellingShingle | Social sciences::Economic theory Gender Difference Asset Pricing Lu, Zhou Bao, Te Yu, Xiaohua Gender and bubbles in experimental markets with positive and negative expectation feedback |
| title | Gender and bubbles in experimental markets with positive and negative expectation feedback |
| title_full | Gender and bubbles in experimental markets with positive and negative expectation feedback |
| title_fullStr | Gender and bubbles in experimental markets with positive and negative expectation feedback |
| title_full_unstemmed | Gender and bubbles in experimental markets with positive and negative expectation feedback |
| title_short | Gender and bubbles in experimental markets with positive and negative expectation feedback |
| title_sort | gender and bubbles in experimental markets with positive and negative expectation feedback |
| topic | Social sciences::Economic theory Gender Difference Asset Pricing |
| url | https://hdl.handle.net/10356/161080 |
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