Thar “SHE” blows? Gender, competition, and bubbles in experimental asset markets

Do women and men behave differently in financial asset markets? Results from an asset market experiment show a marked gender difference in producing speculative price bubbles. Mixed markets show intermediate values, and a meta-analysis of 35 markets from different studies confirms the inverse relationship between the magnitude of price bubbles and the frequency of female traders in the market. Women’s price forecasts also are significantly lower, even in the first period. Implications for financial markets and experimental methodology are discussed.

Note the change of venue: Fred Gruen Economics Seminar Room (HW Arndt Bldg 25A)

This event follows Professor Eckel's seminar on mentoring (10:30-11:30). Morning tea will be held from 11:30-12 between these two events. Please register for this event here.

Bio:
Catherine Eckel is Sarah and John Lindsey Professor in the Liberal Arts and University Distinguished Professor in the Department of Economics at Texas A&M University, where she directs the Behavioral Economics and Policy Program.  She has held faculty positions at the University of British Columbia, Virginia Tech, and the University of Texas at Dallas, where she was founder and director of the Center for Behavioral and Experimental Economic Science. She received her Ph.D. in Economics from the University of Virginia in 1983. As an experimental economist, she has made important contributions on topics that are both policy-relevant and of interest to the academic community.  Examples include studies of: charitable giving; cooperation, trust, and risk tolerance in poor, urban settings; the coordination of counter-terrorism policy; gender differences in preferences and behavior; and discrimination by race and gender as evidenced in games of trust.  

Special thanks to the Research School of Economics for bringing Professor Eckel to ANU to deliver the 2nd Gruen Lecture for 2016 on 19th July and to the College of Business and Economics for their support of Catherine Eckel's visit, giving the Gender Institute the opportunity to host these two events

Date & time

Wed 20 Jul 2016, 12–1pm

Location

Fred Gruen Economics Seminar Room (HW Arndt Bldg 25A)

Speakers

Professor Catherine Eckel, Department of Economics, Texas A&M University

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Updated:  19 July 2016/Responsible Officer:  Convenor, Gender Institute/Page Contact:  Gender Institute