The effect of social comparison and trader interaction in experimental asset markets
The newly emerged trend of social trading is rarely discussed in experimental economics. In this paper, we seek to understand how pricing and trading liquidity are related to the different types of trader interaction on social trading platforms. We find that markets with option of ‘Copying’ and ‘De...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/62861 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | The newly emerged trend of social trading is rarely discussed in experimental economics.
In this paper, we seek to understand how pricing and trading liquidity are related to the different types of trader interaction on social trading platforms. We find that markets with option of ‘Copying’ and ‘Delegation’ significantly reduce mispricing and improve market liquidity. |
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