Financial Interactions in the Presence of Ambiguity
| Project Start: | 01/2016 |
| Status: | Ongoing |
| Researchers: | Wenhui Li, Peter Ockenfels, Christian Wilde |
| Category: | Financial Intermediation, Experiment Center |
| Funded by: | LOEWE |
In this subproject, ambiguity is implemented in a controlled laboratory experimental setting with different heterogeneous individuals interacting. The aim is to better understand the consequences of ambiguity in a social context. This will help understand and improve market outcomes under ambiguity, such as information transmission, security pricing, trading, market participation, and portfolio composition.
Related Working Papers
| No. | Author/s | Title | Year | Program Area | Keywords |
|---|---|---|---|---|---|
| 251 | Wenhui Li, Christian Wilde | Belief Formation and Belief Updating under Ambiguity: Evidence from Experiments | 2019 | Financial Intermediation, Experiment Center | ambiguity, learning strategy, belief updates, non-Bayesian updates, pessimism, laboratory experiments |
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