haku: @author Tuttle, B. / yhteensä: 6
viite: 5 / 6
| Tekijä: | Tuttle, B. Coller, M. Burton, F. G. |
| Otsikko: | An examination of market efficiency: Information order effects in a laboratory market |
| Lehti: | Accounting, Organizations and Society
1997 : JAN, VOL. 22:1, p. 89-103 |
| Asiasana: | MARKET EFFICIENCY MARKETS PRICES EFFICIENCY |
| Kieli: | eng |
| Tiivistelmä: | This study examines whether the order of information releases affects market prices. Prior research has shown that individuals are influenced by the order in which a series of information items is presented. In this study the prior findings to a market setting where individuals contract to sell and buy assets in a market setting, are extended.The study was designed to test the efficient market hypothesis against the alternative hypothesis that systematic individual biases could survive in a market. The findings represent an important contribution to the research on efficient markets. |
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