Klaus Schredelseker

We don’t have enough information about this author to calculate their statistics. If you think this is an error let us know.
Learn More
The question of how useful information in financial markets is has been discussed for decades and is still unresolved. In this paper we challenge the widely held belief that success and failure in the stock market can largely be attributed to the information underlying the trading decisions. We present a dynamic multi-period experimental financial market(More)
The Petersburg gamble constitutes an important paradox in the history of ideas. It has been thought-provoking and led to important developments in the natural and behavioral sciences. The proposed resolutions of the paradox have involved deep reflections about the human mind by some of the most celebrated scientists of the past three centuries. This paper(More)
There is relatively little research on equity premia estimates for non-US equity markets. Using improved and consistent methodologies covering a recent eight-year period, this paper estimates annual equity premia for sixteen emerging markets and finds that they are generally low compared to risk free rates. In addition, based on a panel-data regression(More)
  • 1