Predicting the unpredictable: new experimental evidence on forecasting random walks

We investigate how individuals use measures of apparent predictability from price charts to predict future market prices. Subjects in our experiment predict both random walk times series, as in the seminal work by Bloomfield and Hales (2002) (BH), and stock price time series. We successfully replica...

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Main Authors: Bao, Te, Corgnet, Brice, Hanaki, Nobuyuki, Riyanto, Yohanes E., Zhu, Jiahua
其他作者: School of Social Sciences
格式: Article
語言:English
出版: 2023
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在線閱讀:https://hdl.handle.net/10356/172196
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機構: Nanyang Technological University
語言: English