A pilot exploration of random period duration in experimental financial markets: a treatment variable?

Article Abstract:

The results of exploratory research on the effects of random period duration on trading behavior shown in experimental financial markets proved that random period duration leads to a greater volume of trade early in a period. Theorists need to acknowledge the extensive effects upon the degree of informational efficiency which information regarding the close of the trading period produces. These experts will use this expertise when modelling the bid, ask and transaction price behavior exhibited during experimental double-auctions.

Financial Mgmt NEC, Financial markets, Financial management

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Note: a pilot experimental test of trade hysteresis

Article Abstract:

The Krugman model of trade hyteresis was evaluated using empirical and econometric data. Trade hysteresis is defined as the unwillingness of investors to disengage from foreign markets due to their 'sunk cost.' Their loss is due to substantial exchange rate fluctuations resulting in trading losses. It was indicated that the level of hysteresis results from the amount of entry costs. It was further suggested that hysteresis has significant effects on exchange rate volatility and international trade.

Economic aspects, International trade, Foreign exchange market

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The effect of communication in incentive systems-an experimental study

Article Abstract:

Collaboration between members of an organization is crucial for its proper functioning. Effect of communication on subjects' behavior in an organization is evaluated by introducing identical communication technologies into two incentive systems, namely the team-based pay system and tournament compensation system.

United States, Management-Communications, Incentives (Business), Organizational communication

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