Risk Attitude, Beliefs Updating and the Information Content of Tra stilbesterol: An Experiment. Christophe Bisi` re1 e Jean-Paul D´ camps2 e Stefano Lovo3 This version: whitethorn 19, 2009 take of economic science (IDEI) and Institut dAdministration diethylstilboestrol Entreprises (CRG), build des Tabacs, 21, whole´ e de Brienne, 31000 Toulouse, France. netmail: bisiere@univ-tlse1.fr. hollo: +33 e (0)5 61 12 85 76. 2 Toulouse School of Economics (GREMAQ-IDEI), Manufacture des Tabacs, 21, All´ e de Brienne, e 31000 Toulouse, France. Email: decamps@cict.fr. Phone: +33 (0)5 61 12 85 99. 3 HEC School of Management, Paris, and GRECHEC, finance and Economics Department, 1 rue de la Lib´ ration, 78351, Jouy en Josas, France. Email: lovo@hec.fr. Phone: +33 (0)1 39 67 74 62. e D´ camps is an Academic Fellow at the Europlace accept for of Finance. This research bene?ted from e the support of the Europlace Institute of Finance. Christophe Bisi` re and Jean-Paul D´ camps t hankfully e e thank the Chaire March´ des risques et cr´ ation de valeurs, fondation du risque/Scor. Stefano Lovo e e gratefully give thanks the HEC arse for ?nancial support. The authors wish to thank V´ ronique Bessi` re, e e Bruno Biais, S´ bastien Pou seduce and especially Rosemarie Nagel and Hersh Shefrin for their thoughtful e feedback and suggestions.
We too thank the participants at the AFSE meeting on Experimental Economics, Lyon, May 2007; the workshop on Individual and Collective Decision Making, Paris, celestial latitude 2007; the Paris AFFI transnational meeting, Paris, December 2008; the Interna tional Financial research Forum of the Euro! place Institute of Finance (EIF), Paris, December 2008; the ?nance seminars at the Universities of Barcelona, Copenhagen, Louvain, Paris 9, Toulouse. We continue solely responsible for the content of this paper. 1 Toulouse Abstract We take over a series of experiments that pattern trading in ?nancial markets and which allows us to identify the different set up that subjects risk attitudes and...If you want to get a full essay, nightspot it on our website: OrderCustomPaper.com
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