Troubles with bubbles
نویسندگان
چکیده
The bubbles method is a recently developed variant of reverse correlation methods that have been used in psychophysics and physiology. We show mathematically that for the broad and important class of noisy linear observers, the bubbles method recovers much less information about how observers process stimuli than reverse correlation does. We also show experimentally that the unusual type of noise used in the bubbles method can drastically change human observers' strategies in psychophysical tasks, which reduces the value of the information that is obtained from a bubbles experiment. We conclude that reverse correlation is generally preferable to the bubbles method in its present form, but we also give suggestions as to how the bubbles method could be modified to avoid the problems we discuss.
منابع مشابه
No troubles with bubbles: a reply to Murray and Gold
Murray and Gold discuss two "shortcomings" of the Bubbles method [Vision Research 41 (2001) 2261]. The first one is theoretical: Bubbles would not fully characterize the LAM (Linear Amplifier Model) observer, whereas reverse correlation would. The second "shortcoming" is practical: the apertures that partly reveal information in a typical Bubbles experiment would induce atypical strategies in h...
متن کاملTowards a new model of speculative bubbles: nonparametric test with an application to the Tunisian Stock Index
Bubbles in asset prices have fascinated researchers in finance. Identify asset bubbles, by circumstances, on the stock market has been a growing number of research theoretical and empirical. On a theoretical level, it was assumed that the price dynamics reflect irrational behavior of economic agents and, therefore, should be excluded from a deal with the truly rational economic agents Burmeiste...
متن کاملStock Market Bubbles and Business Cycles: A DSGE Model for the Iranian Economy
T his paper investigates the movement between stock market bubbles and fluctuations in aggregate variables within a DSGE model for the Iranian economy. We apply a new Keynesian monetary framework with nominal rigidity in wages and prices based on the study by Ikeda (2013), which is developed with appropriate framework for the Iranian economy. We consider central bank behavior differe...
متن کاملHydrodynamic investigation of multiple rising bubbles using lattice Boltzmann method
Hydrodynamics of multiple rising bubbles as a fundamental two-phase phenomenon is studied numerically by lattice Boltzmann method and using Lee two-phase model. Lee model based on Cahn-Hilliard diffuse interface approach uses potential form of intermolecular forces and isotropic finite difference discretization. This approach is able to avoid parasitic currents and leads to a stable procedure t...
متن کاملAnalysis of the Behavior of Amateur and Professional Investors’ Impact on the Formation of Bubbles in Tehran Stock Market
The presence of bubbles in the markets and its formation has been regarded by economists and they have been looking to develop methods that can be recognized by using appropriate method for the formation of bubbles. In this paper, first, the formation of bubbles is tested using the new unit root test known as Phillips test (Generalized Sup ADF test) for 50 companies in the Tehran Stock Exchange...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید
ثبت ناماگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید
ورودعنوان ژورنال:
- Vision Research
دوره 44 شماره
صفحات -
تاریخ انتشار 2004