Výsledky vyhledávání - "Aleksei Chernulich"

Asset price volatility and investment horizons: An experimental investigation

Autor: Mikhail Anufriev, Aleksei Chernulich, Jan Tuinstra

Publikováno v: Journal of Economic Behavior and Organization, 193, 19-48. Elsevier

We study the effects of the investment horizon on asset price volatility using a Learning to Forecast laboratory experiment. We find that, for short investment horizons, participants coordinate on self-fulfilling trend-extrapolating predictions. Pric

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::bfabba8b16cdf6400d57bfcc0d4d635e
https://doi.org/10.1016/j.jebo.2021.11.019

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Modelling reference dependence for repeated choices: A horse race between models of normalisation

Autor: Aleksei Chernulich

Publikováno v: Journal of Economic Psychology. 87:102429

In the logit model, a choice between options is driven by payoff differences. Existing evidence on repeated choices suggests that the way payoff differences are evaluated depends on historically observed differences. We capture such reference depende

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::0eed528a2880304bbae37e002d41e6dc
https://doi.org/10.1016/j.joep.2021.102429

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A laboratory experiment on the heuristic switching model

Autor: Jan Tuinstra, Mikhail Anufriev, Aleksei Chernulich

Publikováno v: Journal of Economic Dynamics & Control, 91, 21-42. Elsevier

© 2018 Elsevier B.V. We present results from the first laboratory experiment on the seminal heuristic switching model introduced by Brock and Hommes (1997, 1998). Subjects choose between two alternatives, a sophisticated and stabilizing, but costly,

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::42ec259e0b75c2872e0bb60de9e8870e
https://hdl.handle.net/10453/127274