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Practical Lessons from 20 Years of Bubble Experiments

Practical Lessons from 20 Years of Bubble Experiments. Overview of the Experimental Environment. The basic experimental set-up has the following features 15 period asset Dividend uncertainty Initial cash and shares Double Auction or Call market trading mechanism Trader experience.

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Updated valuation - PowerPoint PPT Presentation

Practical Lessons from 20 Years of Bubble Experiments