SCHEDULE
#SCIENTIFIC SESSIONS
- Experimental finance
- Theory, econometrics and experiments
- The fundamental method and challenge in experimental finance
- Testing behavioural assumptions
- Equilibrium assumptions: multiple equilibria
- Equilibrium assumptions: convergence
- Testing models
- Individual bias and aggregate market behaviour
- Insights from comparing experimental psychology and experimental economics Advantages
- Avoid omitted-variables biases
- Avoid self-selection problems
- Avoid problems of unobservable independent variables
- Avoid problems of unobservable dependent variables
- Types of experiments
- Laboratory experiments
- Controlled field studies or randomized field experiments
- Natural experiments
- Main findings