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DTSTART:20190331T010000
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DTSTART:20191027T010000
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DTSTART;TZID=Europe/Paris:20190910T121500
DTEND;TZID=Europe/Paris:20190910T133000
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SUMMARY:Georg WEIZSÄCKER (Humboldt) - “Learning from unrealized versus realized prices"
DESCRIPTION:\nThe Microeconometrics Seminar: Every Tuesday at 12:15 pm.\nTime: 12:15 pm – 1:30 pm\nDate: 10th of September 2019\nPlace: Room 3001.\nGeorg WEIZSÄCKER (Humboldt) – “Learning from unrealized versus realized prices”\, joint work with M. Kathleen NGANGOUE (NYU-Humboldt).\n\nAbstract: Our experiments investigate the extent to which traders learn from the price\, differentiating between situations where orders are submitted before versus after the price has realized. In simultaneous markets with bids that are conditional on the price\, traders neglect the information conveyed by the hypothetical value of the price. In sequential markets where the price is known prior to the bid submission\, traders react to price to an extent that is roughly consistent with the benchmark theory. The difference’s robustness to a number of variations provides insights about the drivers of this effect. \n\nOrganizers:\nXavier D’Haultfoeuille (CREST)\, Benoit Schmutz (CREST)\, & Lucas Girard (CREST)\nSponsors:\nCREST\nLunch registration:\nfood provided\, no registration\n\n
URL:https://crest.science/event/georg-weizsacker-humboldt-learning-from-unrealized-vs-realized-prices/
CATEGORIES:Applied Seminar,Economics,Microeconometrics,Seminars
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