Bubbles and Experience: An Experiment
在实验室金融市场中混合有经验和无经验的交易者，发现即使只有少数有经验的交易者，也能显著抑制泡沫崩盘式的价格模式。
We investigate the occurrence of bubble-crash pricing patterns in laboratory financial markets with a mixture of experienced and inexperienced traders. We find that even with a minority of experienced traders, bubbles are substantially abated.