Listar por autoría "a6ef2947-8f80-4240-837b-f816192ca483"
Mostrando ítems 1-10 de 10
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Adaptive expectations versus rational expectations: Evidence from the lab
Colasante, Annarita; Palestrini, Antonio; Russo, Alberto; Gallegati, Mauro Elsevier (2017-10)The aim of the present work is to shed light on the extensive debate about expectations in financial markets. We analyze the behaviors of subjects in an experimental environment in which it is possible to observe expectations ... -
Heuristic Switching Model and Exploration-Exploitation Algorithm to Describe Long-Run Expectations in LtFEs: a Compariso
Colasante, Annarita; Alfarano, Simone; Camacho Cuena, Eva Springer (2019-12-07)We elicit individual expectations in a series of Learning-to-Forecast Experiments (LtFEs) with different feedback mechanisms between expectations and market price: positive and negative feedback markets. We implement the ... -
Intragroup competition in public good games: The role of relative performance incentives and risk attitudes
Colasante, Annarita; García-Gallego, Aurora; Georgantzis, Nikolaos; MORONE, ANDREA; Temerario, Tiziana Wiley (2019-03-27)We analyze a public good game (PGG) with intragroup competition in which, generally but not always, the dominant strategy is to not contribute; therefore, free riding is the unique Nash equilibrium, not achieving Pareto ... -
Long-run expectations in a learning-to-forecast experiment: A Simulation Approach
Colasante, Annarita; Alfarano, Simone; Camacho Cuena, Eva; Gallegati, Mauro Taylor & Francis (2017)We conduct a Learning to Forecast Experiment using a novel setting in which we elicit subjects’ short- and long-run expectations on the future price of an asset. We find that: (i) the rational expectations equilibrium is ... -
On the consistency of the individual behavior when facing higher-order risk attitudes
Colasante, Annarita; García-Segarra, Jaume; RICCETTI, LUCA; Russo, Alberto Elsevier Inc. (2022-08-27)We propose and analyze three procedures to elicit participants’ behavior regarding their higherorder risk attitudes. Our procedures relax the rigidity of having to choose among only two alternatives (as usual in the ... -
¿El producto interior bruto es un buen indicador del bienestar de los ciudadanos?. Una comparativa entre España e Italia
Colasante, Annarita; Ripollés, Jordi Generalitat Valenciana: Comité economic i social de la Comunitat Valenciana (2018) -
Risk aversion, prudence and temperance: It is a matter of gap between moments
Colasante, Annarita; RICCETTI, LUCA Elsevier (2020-01-07)Higher order risk preferences are important determinants of choices under uncertainty. We build a questionnaire different from usually adopted ones: our questionnaire is simpler in order to reduce the number of random ... -
Selection of the distributional rule as an alternative tool to foster cooperation in a Public Good Game
Colasante, Annarita Elsevier (2017)This paper presents an investigation about cooperation in a Public Good Game using an Agent Based Model calibrated on experimental data. Starting from the experiment proposed in Colasante and Russo (2016), we analyze the ... -
The term structure of cross-sectional dispersion of expectations in a Learning-to-Forecast Experiment
Colasante, Annarita; Alfarano, Simone; Camacho Cuena, Eva Springer (2019-03-09)In this paper, we present the results of a Learning-to-Forecast Experiment (LtFE) where we eliciting short- as well as long-run expectations regarding the future price dynamics in markets with positive and negative ... -
Voluntary contributions in a system with uncertain returns: a case of systemic risk
Colasante, Annarita; García-Gallego, Aurora; Georgantzis, Nikolaos Springer (2019-12-06)This paper investigates systemic risk that emerges from the interplay between uncertain returns to individual actions, uncertainty on others’ behavior and all this filtered through individual attitudes toward risk. We ...