<> "The repository administrator has not yet configured an RDF license."^^ . <> . . "Asset Bubbles without Dividends - An Experiment"^^ . "Bubbles in asset markets have been documented in numerous experimental studies. However, all experiments in which bubbles occur pay dividends after each trading day. In this paper we study whether bubbles can occur in markets without dividends. We investigate the role of two features that are present in real markets. (1) The mere possibility that some traders may have inside information, and (2) the option to communicate with other traders. We find that bubbles can indeed occur without dividends. Surprisingly, communication turns out to be counterproductive for bubble formation, whereas the possibility of inside information is, as expected, crucial. "^^ . "2007" . . . . . . . . . . . . . . "Carsten"^^ . "Schmidt"^^ . "Carsten Schmidt"^^ . . "Jörg"^^ . "Oechssler"^^ . "Jörg Oechssler"^^ . . "Wendelin"^^ . "Schnedler"^^ . "Wendelin Schnedler"^^ . . . . . . "Asset Bubbles without Dividends - An Experiment (PDF)"^^ . . . "Oechssler_Schmidt_Schnedler07_dp439.pdf"^^ . . . "Asset Bubbles without Dividends - An Experiment (Other)"^^ . . . . . . "indexcodes.txt"^^ . . . "Asset Bubbles without Dividends - An Experiment (Other)"^^ . . . . . . "lightbox.jpg"^^ . . . "Asset Bubbles without Dividends - An Experiment (Other)"^^ . . . . . . "preview.jpg"^^ . . . "Asset Bubbles without Dividends - An Experiment (Other)"^^ . . . . . . "medium.jpg"^^ . . . "Asset Bubbles without Dividends - An Experiment (Other)"^^ . . . . . . "small.jpg"^^ . . "HTML Summary of #9468 \n\nAsset Bubbles without Dividends - An Experiment\n\n" . "text/html" . . . "330 Wirtschaft"@de . "330 Economics"@en . .