A test of the Modigliani-Miller theorem, dividend policy and algorithmic arbitrage in experimental asset markets

Author:

Neugebauer Tibor,Shachat JasonORCID,Szymczak WiebkeORCID

Funder

RCUK

FNR

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference33 articles.

1. Option pricing by students and professional traders: a behavioural investigation;Abbink;Managerial Decis. Econ.,2006

2. Experiments in high-frequency trading: comparing two market institutions;Aldrich;Exp. Econ.,2019

3. Arbitrage bots in experimental asset markets;Angerer;J. Econ. Behav. Organ.,2023

4. The impact of endogenous and exogenous cash inflows in experimental asset markets;Angerer;J. Econ. Behav. Organ.,2019

5. Asparouhova, E., Besliu, C., Lemmon, M., Rock, B., 2016. Payout policy, investor rationality, and market efficiency: evidence from laboratory experiments. Available from author’s webpage.

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