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Stefan Palan

on 14 September 2015

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Transcript of OLV

Two heads are less bubbly than one
Initial Results
Scientific background
Team decision-making in an experimental asset market
Teams reduce bubbles in experimental asset markets
Referee process
Higher volume in individuals treatment
Time for deliberation
Speed of reaction
Double auction
Call auction
Call market results
Two Heads
are less bubbly
than one!
Experimental research
Max Jung-Lab
Stephen Cheung and Stefan Palan
Cheung, S. L., Palan, S., 2012. Two Heads are Less Bubbly than One. Team Decision-Making in an Experimental Asset Market, Experimental Economics 15(3), 373–397.
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