Here.
Design of the experiment only
This paper is an experimental study of dynamic investment decisions. The goal of the experiment is to test theoretical predictions of the effect of human capital on investment. Subjects make repeated portfolio allocation decisions, allocating their money between cash and a gamble that represents the market. Human capital is simulated by the degree to which income is correlated with the market. This preliminary paper describes the model and the experimental design.
From:
Diego Pulido
McGill University
Marine de Montaignac
CIRANO
Jim Engle-Warnick
McGill University and CIRANO
Design of the experiment only
This paper is an experimental study of dynamic investment decisions. The goal of the experiment is to test theoretical predictions of the effect of human capital on investment. Subjects make repeated portfolio allocation decisions, allocating their money between cash and a gamble that represents the market. Human capital is simulated by the degree to which income is correlated with the market. This preliminary paper describes the model and the experimental design.
From:
Diego Pulido
McGill University
Marine de Montaignac
CIRANO
Jim Engle-Warnick
McGill University and CIRANO