Gender and bubbles in experimental markets with positive and negative expectation feedback

• Main Authors: Lu, Zhou, Bao, Te, Yu, Xiaohua
• Other Authors: School of Social Sciences
• Format: Article
• Language: English
• Published: 2022
• Subjects: Social sciences::Economic theory; Gender Difference; Asset Pricing
• Online Access: https://hdl.handle.net/10356/161080
• Institution: Nanyang Technological University

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...