This study asks whether investors learn differently from gains versus losses. I find
experimental evidence that indicates that being in the negative domain leads individuals to …

Experimental evidence has consistently confirmed the ability of uninformed traders, even
novices, to infer information from the trading process. After contrasting brain activation in …

In this paper, we derive and experimentally test a theoretical model of speculation in
multiperiod asset markets with public information flows. The speculation arises from the …

We conduct a series of experiments that simulate trading in financial markets. We find that
the information content of the order flow varies with the strength of subjects' prior beliefs …

We investigate the claim that social rationality explains the emergence of one type of bubble
in competitive asset markets that we shall refer to as “credit market bubble,” and that …

We investigate the claim that social rationality explains the emergence of one type of bubble
in competitive asset markets that we shall refer to as “credit market bubble,” and that …

The mental health of rural children is closely related to their household characteristics, with
household income level as one of the important influencing factors. In general, improvement …

Structured financial products including credit-linked notes and collateralized debt
obligations were popular before the credit crisis but then delivered substantial loss to …

Abstract Wie wirtschaftlich denken Jugendliche? Wie stehen diese zu Risiko in finanziellen
Dingen? Gibt es Unterschiede in den Antworten auf diese beiden Fragen zwischen …

This thesis contains three chapters. In particular, it examines the opaqueness of financial
securities, risk contagion among asset markets and learning behaviours and trading skills in …