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Bubbles and Financial Professionals
- Utz Weitzel
- Christoph Huber
- Juergen Huber
- Michael Kirchler
- Florian Lindner
- Julia Rose
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Bubbles and Financial Professionals
Utz Weitzel, Christoph Huber, Jürgen Huber, Michael Kirchler, Florian Lindner, Julia Rose
Abstract:
The efficiency of financial markets and their potential to produce bubbles are central topics in academic and professional debates. Yet, little is known about the contribution of financial professionals to price efficiency. We run 116 experimental markets with 41…
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