It is hard to beat the Monkeys - On the Value of Asymmetric Fundamental Information in Asset Markets
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References listed on IDEAS
- Plott, Charles R & Sunder, Shyam, 1982.
"Efficiency of Experimental Security Markets with Insider Information: An Application of Rational-Expectations Models,"
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More about this item
KeywordsInformation economics; experimental economics; agent-based model; overconfidence; value of information;
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2008-09-20 (All new papers)
- NEP-CMP-2008-09-20 (Computational Economics)
- NEP-CTA-2008-09-20 (Contract Theory & Applications)
- NEP-EXP-2008-09-20 (Experimental Economics)
- NEP-MST-2008-09-20 (Market Microstructure)
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