Reading the market? Expectation coordination and theory of mind in asset pricing experiments

• المؤلفون الرئيسيون: Bao, Te, Füllbrunn, Sascha, Pei, Jiaoying, Zong, Jichuan
• مؤلفون آخرون: Interdisciplinary Graduate School (IGS)
• التنسيق: Conference or Workshop Item
• اللغة: English
• منشور في: 2022
• الموضوعات: Social sciences::General; Theory of Mind; Strategic Uncertainty; Asset Bubbles; Experimental Finance
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/156713; https://www.world-finance-conference.com/conference.php?id=23
• المؤسسة: Nanyang Technological University

Does the ability to ‘read the market’ homogenize expectations and, thus, reduce deviations from rational expectations equilibrium in learning to forecast experiments? To answer this question, we conducted a pre-registered quasi-experiment by composing the market groups based on the subject’s Theory...