交易者预期试呀验经济学经典论文ppt.pptxVIP

Traders Expectations in Asset Markets: Experimental Evidence ;The Outline of the paper;Ⅰ Hypothesis;ⅡExperimental Design and Procedures;ⅡExperimental Design and Procedures;;;;;Ⅲ. Results: How do market data influence beliefs?;Table1. Stated beliefs as a function of markettrend and periodtrend;Ⅲ. Results:How do market data influence beliefs?;Ⅲ. Results: Are beliefs unbiased predictors of future market activity?;Table 2. Relations between predicted and actual price change between periods t-1 and t;Ⅲ. Results: Can beliefs be used to improve market predictions?;Table 3. The effect of average pes