PPT-What Have We Learned from Experimental FInance?

FInance Shyam Sunder Yale School of Management Kozminski Academy Warsaw Poland June 23 2012 c Copyright 2003 Shyam Sunder 2 Questions to Address Why do we need even more data on financial markets. et al et al et al brPage 2br i ii 2 GEOMETRY AND PARAMETERS Main Features Symbol Value brPage 3br 3 EXPERIMENTAL MEASUREMENTS pp pp brPage 4br RR F Fr Fr Fr Fr 4 NUMERICAL RESULTS brPage 5br Fr Fr 5 CONCLUSIONS Fr ACKNOWLEDGEMENTS REFERENCES brPage Rosemarie Nagel . Universitat Pompeu Fabra. , . ICREA, BGSE . April 2012 . Course content. (in red: replication of experiment). Week 1. Introduction . guessing game. Week 2. Bargaining/public goods . Magnetohydrodynamic . (MHD) Effect . with respect . to . Intracardiac . ECG . Signals. W. B. . Buchenberg. 1. , . G. . Hoppe. 1. , . R. . Lorenz. 1. , . W. . Mader. 2. , . P. . Laudy. 3. , . C. . . Bienek. Experimental Studies v. Observational Studies. In . experimental studies. , a . treatment. (the independent variable) is applied.. In . observational studies. , you do not . h. ave influence over the independent variables.. The purpose of this PowerPoint is to present strategies to aid students at the high school and introductory college levels to:. Design experiments. Write procedures. Construct tables and graphs. Generate ideas. The Experimental Study Of Asset Pricing . Theory: research and classroom. Elena Asparouhova (U Utah). Peter . Bossaerts. . (. U Utah. , . Melbourne, Caltech. ). Overview. What we do. Why experiments in finance?. Experimental probability. : . Probability based on a collection of data.. Will have a table of results or data from the experiment(s)!. What is the difference between . theoretical probability. and . (Mr. Staeger as a young scientist). Key Concepts and Vocabulary. Key Concepts:. How do we learn new things in science?. What are the steps of the scientific method?. What are the variables in an experiment?. So, the basic experimental procedure in social science is:. Gathering of a subject pool and then . random assignment to conditions. Note: the . sample is not random. , but once you have a subject pool you flip a coin, etc. to determine which subjects receive which . Marty Seligman. Four groups of dogs. . Training I and II result Lasting effects. Grp. I Escapable/. escapeable. run None. Grp. II Inescapable/inescapable not run None. Grp. III Escapable/inescapable not run None. Investments . and financial markets. Financial management of . corporations. Fields . are separate but . related. 2. Financial Assets. Real . asset. —Objects . that . provide services: houses, cars, food, etc.. WELCOME. This course is part of a suite of courses required for Financial System access at CU. It complements the online . Skill Soft course. , Financial-Inquiry, but also offers trainees. :. the opportunity to . Making Predictions with Experimental Probability Warm Up Probabilities can be used to make predictions in daily life. A prediction is something that can reasonably be expected to happen in the future. What Have We Learned from Experimental FInance? Shyam Sunder Yale School of Management Kozminski Academy Warsaw, Poland June 23, 2012 (c) Copyright 2003, Shyam Sunder 2 Questions to Address Why do we need even more data on financial