create a website

Cognitive ability and observed behavior in laboratory experiments: implications for macroeconomic theory. (2019). Hanaki, Nobuyuki.
In: Post-Print.
RePEc:hal:journl:halshs-02534868.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 53

References cited by this document

Cocites: 32

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

    References contributed by pwa594-2287474

  1. ||| (1989): \Limited Rationality and Strategic Complements: The implications for macroeconomics," Quarterly Journal of Economics, 104, 463{484.
    Paper not yet in RePEc: Add citation now
  2. ||| (1991): \Responders versus non-responders: A new perspective on heterogeneity," Economic Journal, 101, 1085{1102.
    Paper not yet in RePEc: Add citation now
  3. ||| (1997): \What makes markets allocationally ecient?" Quarterly Journal of Economics, 112, 603{630.
    Paper not yet in RePEc: Add citation now
  4. Akiyama, E., N. Hanaki, and R. Ishikawa (2014): \How do experienced traders respond to in ows of inexperienced traders? An experimental analysis," Journal of Economic Dynamics and Control, 45, 1{18.

  5. Bao, T., C. Hommes, J. Sonnemans, and J. Tuinstra (2012): \Individual expectations, limited rationality and aggregate outcomes," Journal of Economic Dynamics and Control, 36, 1101{1120.

  6. Becker, G. S. (1962): \Irrational Behavior and Economic Theory," Journal of Political Economy, 70, 1{13.
    Paper not yet in RePEc: Add citation now
  7. Bosch-Rosa, C., T. Meissner, and A. Bosch-Domenech (2018): \Cognitive Bubbles," Experimental Economics, 21, 132{153, doi:10.1007/s10683-017-9529-0.

  8. Bra~nas-Garza, P., T. Garca-Mu~noz, and R. Hernan (2012): \Cognitive eort in the Beauty Contest Game," Journal of Economic Behavior and Organization, 83, 254{260.
    Paper not yet in RePEc: Add citation now
  9. Brouwers, S. A., F. J. V. de Vijver', and D. A. V. Hemert' (2009): \Variation in Raven's Progressive Matrices scores across time and place," Learning and Individual Dierences, 19, 330{ 338.
    Paper not yet in RePEc: Add citation now
  10. Camerer, C. F. (2003): Behavioral Game Theory: Experiments in Strategic Interaction, New York: Russell Sage Foundation.
    Paper not yet in RePEc: Add citation now
  11. Camerer, C. F., T.-H. Ho, and J.-K. Chong (2004): \A cognitive hierarchy model of games," Quarterly Journal of Economics, 119, 861{898.

  12. Carpenter, J., M. Graham, and J. Wolf (2013): \Cognitive ability and strategic sophistication," Games and Economic Behavior, 80, 115{130.

  13. Cheung, S. L., M. Hedegaard, and S. Palan (2014): \To See is To Believe: Common Expectations in Experimental Asset Markets," European Economic Review, 66, 84{96.

  14. Conlisk, J. (1996): \Why bounded rationality?" Journal of Economic Literature, 34, 669{700.

  15. Cooper, K. B., H. S. Schneider, and M. Waldman (2017): \Limited rationality and the strategic environment: Further theory and experimental evidence," Games and Economic Behavior, 106, 188{208.

  16. Corgnet, B., M. DeSantis, and D. Porter (2018): \What makes a good trader? On the role of intuition and re ection on trader performance," Journal of Finance, 73, 1113{1137, economic Science Institute, Chapman University.

  17. Corgnet, B., R. H. Gonzalez, P. Kujal, and D. Porter (2015): \The Eect of Earned vs.
    Paper not yet in RePEc: Add citation now
  18. Dal Bo, P. and G. R. Frechette (2011): \The Evolution of Cooperation in Innitely Repeated Games: Experimental Evidence." American Economic Review, 101, 411{429.

  19. Fehr, E. and J.-R. Tyran (2008): \Limited Rationality and Strategic Interaction: The Impact of the strategic environment on nominal inertia," Econometrica, 76, 353{394.

  20. Frederick, S. (2005): \Cognitive re ection and decision making," Journal of Economic Perspectives, 19, 25{42.

  21. Gachter, S., B. Herrmann, and C. Thoni (2010): \Culture and Cooperation," Philosophical Transactions of The Royal Society B, 365, 2651{2661.

  22. Gill, D. and V. Prowse (2016): \Cognitive ability, character skills, and learning to play equilibrium: A level-k analysis," Journal of Political Economy, 124, 1619{1676.

  23. Gode, D. K. and S. Sunder (1993): \Allocative Eciency of Markets with Zero-Intelligence Traders: Market as a Partial Substitute for Individual Rationality," Journal of Political Economy, 101, 119{137.

  24. Goeree, J. K. and C. A. Holt (2004): \A model of noisy introspection," Games and Economic Behavior, 46, 365{382.

  25. Haltiwanger, J. and M. Waldman (1985): \Rational Expectations and the Limits of Rationality: An Analysis of Heterogeneity," American Economics Review, 75, 326{340.

  26. Hanaki, N., E. Akiyama, and R. Ishikawa (2018): \Eects of dierent ways of incentivizing price forecasts on market dynamics and individual decisions in asset market experiments," Journal of Economic Dynamics and Control, 88, 51{69.

  27. Hanaki, N., N. Jacquemet, S. Luchini, and A. Zylbersztejn (2016): \Cognitive ability and the eect of strategic uncertainty," Theory and Decision, 81, 101{121.

  28. Hanaki, N., Y. Koriyama, A. Sutan, and M. Willinger (2019): \The strategic environment eect in beauty contest games," Games and Economic Behavior, 113, 587{610.

  29. Haruvy, E., Y. Lahav, and C. N. Noussair (2007): \Traders' Expectations in Asset Markets: Experimental Evidence," American Economics Review, 97, 1901{1920.

  30. Heap, S. H., D. R. Arjona, and R. Sugden (2014): \How portable is level-0 behavior? A test of level-k theory in games with non-neutral frames," Econometrica, 82, 1133{1151.

  31. Heemeijer, P., C. Hommes, J. Sonnemans, and J. Tuinstra (2009): \Price stability and volatility in markets with positive and negative expectations feedback: An experimental investigation," Journal of Economic Dynamics and Control, 33, 1052{1072.

  32. Herrmann, B., C. Thoni, and S. Gachter (2008): \Antisocial Punishment Across Societies," Science, 319, 1362{1367.
    Paper not yet in RePEc: Add citation now
  33. House Money on Price Bubble Formation in Experimental Asset Markets," Review of Finance, 19, 1455{1488.
    Paper not yet in RePEc: Add citation now
  34. Hussam, R. N., D. Porter, and V. L. Smith (2008): \Thar She Blows: Can Bubbles Be Rekindled with Experienced Subjects?" American Economic Review, 98, 927{934.

  35. Kahneman, D. (2011): Thinking, Fast and Slow, New York, NY: Farrar, Straus and Giroux.
    Paper not yet in RePEc: Add citation now
  36. Kirchler, M., J. Huber, and T. Stockl (2012): \Thar She Bursts: Reducing Confusion Reduces Bubbles," American Economic Review, 102, 865{883.

  37. Lei, V., C. N. Noussair, and C. R. Plott (2001): \Nonspeculative Bubbles in Experimental Asset Markets: Lack of Common Knowledge of Rationality vs. Actual Irrationality," Econometrica, 69, 831{859.

  38. Mullainathan, S. and E. Shafir (2013): Scarcity: Why Having Too Little Means So Much, New York, NY: Times Books, Henry Holt and Company, LLC.
    Paper not yet in RePEc: Add citation now
  39. Nagel, R. (1995): \Unraveling in Guessing Games: An Experimental Study," American Economics Review, 85, 1313{1326.

  40. Oechssler, J., A. Roider, and P. W. Schmitz (2009): \Cognitive abilities and behavioral biases," Journal of Economic Behavior and Organization, 72, 147{152.

  41. Palan, S. (2013): \A Review of bubbles and crashes in experimental asset markets," Journal of Economic Surveys, 27, 570{588.

  42. Potters, J. and S. Suetens (2009): \Cooperation in experimental games of strategic complements and subsitutes," Review of Economic Studies, 76, 1125{1147.

  43. Proto, E., A. Rustichini, and A. Sofianos (2019): \Intelligence, Personality and Gains from Cooperation in Repeated Interactions," Journal of Political Economy, Forthcoming.

  44. Raven, J. (2008): \General introduction and overview: the raven progressive matrices tests: their theoretical basis and measurement model," in Uses and abuses of intelligence, ed. by John and J. Raven, Edinburgh, Scotland: Competency Motivation Project, chap. 1, 17{68.
    Paper not yet in RePEc: Add citation now
  45. Raven, J. C. (1998): Raven's Advanced Progressive Matrices (APM), San Antonio, TX: Pearson, 2003 ed.
    Paper not yet in RePEc: Add citation now
  46. Rogers, B. W., T. R. Palfrey, and C. F. Camerer (2009): \Heterogeneous quantal response equilibrium and cognitive hierarchies," Journal of Economic Theory, 144, 1440{1467.

  47. Shleifer, A. (2000): Inecient Markets: An introduction to behavioral nance, New York, NY: Oxford University Press.
    Paper not yet in RePEc: Add citation now
  48. Smith, V. L., G. L. Suchanek, and A. W. Williams (1988): \Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets," Econometrica, 56, 1119{1151.

  49. Spiegler, R. (2011): Bounded Rationality and Industrial Organization, New York, NY: Oxford University Press.

  50. Sutan, A. and M.Willinger (2009): \Guessing with negative feedback: An experiment," Journal of Economic Dynamics and Control, 33, 1123{1133.

  51. Thaler, R. H. (2015): Misbehaving: The Making of Behavioral Economics, New York, NY: W. W. Norton & Company.
    Paper not yet in RePEc: Add citation now
  52. The International Cognitive Ability Resource Team (2014) https://icar-project. com/.
    Paper not yet in RePEc: Add citation now
  53. Thoma, V., E. White, A. Panigrahi, V. Strowger, and I. Anderson (2015): \Good Thinking or Gut Feeling? CognitiveRe ection and Intuition in Traders, Bankersand Financial NonExperts," Plos One, 10, e0123202. doi:10.1371/journal.pone.0123202.

Cocites

Documents in RePEc which have cited the same bibliography

  1. The impact of ETFs in secondary asset markets: Experimental evidence. (2021). Rud, Olga ; Rabanal, Jean Paul ; Duffy, John.
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:188:y:2021:i:c:p:674-696.

    Full description at Econpapers || Download paper

  2. Cognitive ability and observed behavior in laboratory experiments: implications for macroeconomic theory. (2020). Hanaki, Nobuyuki.
    In: The Japanese Economic Review.
    RePEc:spr:jecrev:v:71:y:2020:i:3:d:10.1007_s42973-019-00018-7.

    Full description at Econpapers || Download paper

  3. A quantitative easing experiment. (2020). Penalver, Adrian ; Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Funaki, Yukihiko ; Akiyama, Eizo.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:119:y:2020:i:c:s0165188920301469.

    Full description at Econpapers || Download paper

  4. A quantitative easing experiment. (2020). Penalver, Adrian ; Hanaki, Nobuyuki ; Funaki, Yukihiko ; Akiyama, Eizo.
    In: ISER Discussion Paper.
    RePEc:dpr:wpaper:1094.

    Full description at Econpapers || Download paper

  5. Cognitive ability and observed behavior in laboratory experiments: implications for macroeconomic theory. (2019). Hanaki, Nobuyuki.
    In: Post-Print.
    RePEc:hal:journl:halshs-02534868.

    Full description at Econpapers || Download paper

  6. Cognitive Ability and Observed Behavior in Laboratory Experiments: Implications for Macroeconomic Theory. (2019). Hanaki, Nobuyuki.
    In: GREDEG Working Papers.
    RePEc:gre:wpaper:2019-22.

    Full description at Econpapers || Download paper

  7. The effect of short selling and borrowing on market prices and traders’ behavior. (2019). Noussair, Charles ; Hanaki, Nobuyuki ; Guerci, Eric ; Duchene, Sebastien.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:107:y:2019:i:c:4.

    Full description at Econpapers || Download paper

  8. The effect of short selling and borrowing on market prices and traders’ behavior. (2018). Noussair, Charles ; Hanaki, Nobuyuki ; Guerci, Eric ; Duchene, Sebastien.
    In: CEE-M Working Papers.
    RePEc:lam:wpceem:18-18.

    Full description at Econpapers || Download paper

  9. The effect of short selling and borrowing on market prices and traders’ behavior. (2018). Noussair, Charles ; Hanaki, Nobuyuki ; Guerci, Eric ; Duchêne, Sébastien ; Duchene, Sebastien.
    In: CEE-M Working Papers.
    RePEc:hal:wpceem:hal-01954924.

    Full description at Econpapers || Download paper

  10. The effect of short selling and borrowing on market prices and traders’ behavior. (2018). Noussair, Charles ; Hanaki, Nobuyuki ; Guerci, Eric ; Duchene, Sebastien.
    In: Working Papers.
    RePEc:hal:wpaper:hal-01954924.

    Full description at Econpapers || Download paper

  11. Effects of different ways of incentivizing price forecasts on market dynamics and individual decisions in asset market experiments. (2018). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Akiyama, Eizo.
    In: Post-Print.
    RePEc:hal:journl:hal-01712305.

    Full description at Econpapers || Download paper

  12. Behavioral uncertainty and the dynamics of traders confidence in their price forecasts. (2018). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Akiyama, Eizo.
    In: Post-Print.
    RePEc:hal:journl:hal-01712301.

    Full description at Econpapers || Download paper

  13. A Quantitative Easing Experiment. (2018). Penalver, Adrian ; Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Funaki, Yukihiko ; Akiyama, Eizo.
    In: GREDEG Working Papers.
    RePEc:gre:wpaper:2018-10.

    Full description at Econpapers || Download paper

  14. An Experimental Analysis Of The Effect Of Quantitative Easing. (2018). Hanaki, Nobuyuki ; Funaki, Yukihiko ; Adrian, Nobuyuki Hanaki.
    In: Working papers.
    RePEc:bfr:banfra:684.

    Full description at Econpapers || Download paper

  15. It is Not Just Confusion! Strategic Uncertainty in An Experimental Asset Market. (2017). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Akiyama, Eizo.
    In: Economic Journal.
    RePEc:wly:econjl:v:127:y:2017:i:605:p:f563-f580.

    Full description at Econpapers || Download paper

  16. It is Not Just Confusion! Strategic Uncertainty in An Experimental Asset Market. (2017). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Akiyama, Eizo.
    In: The Economic Journal.
    RePEc:oup:econjl:v:127:y:2017:i:605:p:f563-f580..

    Full description at Econpapers || Download paper

  17. Incentives for dishonesty: An experimental study with internal auditors. (2017). Balafoutas, Loukas ; Czermak, Simon ; Eulerich, Marc ; Fornwagner, Helena.
    In: Working Papers.
    RePEc:inn:wpaper:2017-06.

    Full description at Econpapers || Download paper

  18. Behavioral Uncertainty and the dynamics of traders confidence in their Price forecasts. (2017). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Akiyama, Eizo.
    In: Working Papers.
    RePEc:hal:wpaper:halshs-01622466.

    Full description at Econpapers || Download paper

  19. Effects of eliciting long-run price forecasts on market dynamics in asset market experiments. (2017). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; AKIYAMA, Eizo.
    In: Working Papers.
    RePEc:hal:wpaper:halshs-01263661.

    Full description at Econpapers || Download paper

  20. It is Not Just Confusion! Strategic Uncertainty in an Experimental Asset Market. (2017). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Akiyama, Eizo.
    In: Post-Print.
    RePEc:hal:journl:halshs-01294917.

    Full description at Econpapers || Download paper

  21. Flat Bubbles in Long-Horizon Experiments: Results from two Market Conditions. (2017). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Hoshihata, Tomoe ; Akiyama, Eizo.
    In: GREDEG Working Papers.
    RePEc:gre:wpaper:2017-32.

    Full description at Econpapers || Download paper

  22. Effects of Eliciting Long-run Price Forecasts on Market Dynamics in Asset Market Experiments. (2017). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Akiyama, Eizo.
    In: GREDEG Working Papers.
    RePEc:gre:wpaper:2017-26.

    Full description at Econpapers || Download paper

  23. Behavioral Uncertainty and the Dynamics of Traders Confidence in their Price Forecasts. (2017). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Akiyama, Eizo.
    In: GREDEG Working Papers.
    RePEc:gre:wpaper:2017-18.

    Full description at Econpapers || Download paper

  24. Diversity in Cognitive Ability Enlarges Mispricing in Experimental Asset Markets. (2017). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Funaki, Yukihiko ; Akiyama, Eizo.
    In: GREDEG Working Papers.
    RePEc:gre:wpaper:2017-08.

    Full description at Econpapers || Download paper

  25. Experimental asset markets: behavior and bubbles. (2017). Powell, Owen ; Shestakova, Natalia.
    In: Chapters.
    RePEc:elg:eechap:15532_21.

    Full description at Econpapers || Download paper

  26. Cash inflow and trading horizon in asset markets. (2017). Razen, Michael ; Kirchler, Michael ; Huber, Jurgen.
    In: European Economic Review.
    RePEc:eee:eecrev:v:92:y:2017:i:c:p:359-384.

    Full description at Econpapers || Download paper

  27. A Quantitative Easing Experiment. (2017). Penalver, Adrian ; Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Funaki, Yukihiko ; Akiyama, E.
    In: Working papers.
    RePEc:bfr:banfra:651.

    Full description at Econpapers || Download paper

  28. Cash Inflow and Trading Horizon in Asset Markets. (2016). Razen, Michael ; Kirchler, Michael ; Huber, Jurgen.
    In: Working Papers.
    RePEc:inn:wpaper:2016-06.

    Full description at Econpapers || Download paper

  29. It is Not Just Confusion! Strategic Uncertainty in an Experimental Asset Market. (2016). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; Akiyama, Eizo.
    In: Working Papers.
    RePEc:hal:wpaper:halshs-01294917.

    Full description at Econpapers || Download paper

  30. A Methodological Note on Eliciting Price Forecasts in Asset Market Experiments. (2016). Ishikawa, Ryuichiro ; Hanaki, Nobuyuki ; AKIYAMA, Eizo.
    In: GREDEG Working Papers.
    RePEc:gre:wpaper:2016-02.

    Full description at Econpapers || Download paper

  31. The “inflow-effect”—Trader inflow and price efficiency. (2015). Kirchler, Michael ; Razen, Michael ; Huber, Jurgen ; Bonn, Caroline.
    In: European Economic Review.
    RePEc:eee:eecrev:v:77:y:2015:i:c:p:1-19.

    Full description at Econpapers || Download paper

  32. Experiments on Expectations in Macroeconomics and Finance. (2014). Massaro, Domenico ; Hommes, Cars ; Bao, Te ; Assenza, Tiziana.
    In: CeNDEF Working Papers.
    RePEc:ams:ndfwpp:14-05.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-24 18:26:39 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.