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Cited by 398

The DOI matches its Crossref record; 38 of the 38 references it cites were found in a registry or an index.

Traders' Expectations in Asset Markets: Experimental Evidence

Haruvy, Ernan, Lahav, Yaron, Noussair, Charles N·2007·American Economic Review
DOI 10.1257/aer.97.5.1901
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Abstract

We elicit traders' predictions of future price trajectories in repeated experimental markets for a 15-period-lived asset. We find that individuals' beliefs about prices are adaptive, and primarily based on past trends in the current and previous markets in which they have participated. Most traders do not anticipate market downturns the first time they participate in a market, and, when experienced, they typically overestimate the time remaining before market peaks and downturns occur. When prices deviate from fundamental values, belief data are informative to an observer in predicting the direction of future price movements and the timing of market peaks. (JEL C91, D12, D84, G11)

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Metadata

Authors
Haruvy, E., Lahav, Y., & Noussair, C. N.
Venue
American Economic Review
Publisher
American Economic Association
Published
2007-12-01
Volume
97
Issue
5
Pages
1901-1920
ISSN
0002-8282 (ISSN-L)
DOI
10.1257/aer.97.5.1901
OpenAlex
W2081998430
Cited by
398
References
38
FWCI
26.57
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Traders' Expectations in Asset Markets: Experimental Evidence. https://app.cochat.ai/papers/10.1257/aer.97.5.1901
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Haruvy, E., Lahav, Y., & Noussair, C. N. (2007). Traders' Expectations in Asset Markets: Experimental Evidence. American Economic Review. https://doi.org/10.1257/aer.97.5.1901

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.