Wednesday, 30 April 2014

Expectations and Markets

The workshop focuses on the crucial role of expectations for behavior in markets. Expectations are very difficult to measure in real world settings, but laboratory experiments allow for their elicitation and in particular for the analysis of the relationship between expectations and choices. The topics of the workshop are expectations in financial markets, the role of expectations in auction bidding, belief formation in social networks, biased expectations and market entry as well as the impact of expectations on ethical choices in markets.