Short-selling constraints as cause for price distortions: An experimental study
نویسندگان
چکیده
منابع مشابه
Short-selling constraints as cause for price distortions: An experimental study
In this paper we explore the influence of the possibility to short stocks and/or borrow money in laboratory markets. A key innovation of our study is that subjects can simultaneously trade two risky assets on two double-auction markets, allowing us to differentiate between assets with relatively high versus low capitalization. Divergence of opinions is created by providing each trader with nois...
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ژورنال
عنوان ژورنال: Journal of International Money and Finance
سال: 2012
ISSN: 0261-5606
DOI: 10.1016/j.jimonfin.2012.02.001