Elena N. Asparouhova
  • Professor, Finance Department

Research Statement

Experimental Finance

Presentations

  • ELENA N ASPAROUHOVA, & Peter Bossaerts, Nilanjan Roy, William Zame. (2013) Lucas in the Laboratory. Conference Paper, Refereed, Presented, 04/2013.

Research/Scholarship Projects

  • Experiments on Information and Information Processing in Financial Market. PI: Elena Asparouhova. Co-PI(s): Peter Bossaerts, William Zame. 07/2006 - 01/2011.
  • Payout Policy, Investor Rationality, and Market Eciency: Evidence From Laboratory Experiments. PI: Elena Asparouhova. Co-PI(s): Michael Lemmon. 07/2005 - 10/2007.

Publications

  • Elena Asparouhova & Peter Bossaerts, Nilanjan Roy, and William Zame (2016). Lucas in the Laboratory. The Journal of Finance. Vol. 71(6), 2727-2780. Discipline based - refereed, Published, 11/2016.
  • Elena Asparouhova & Peter Bossaerts (2015). Experiments on Percolation of Information in Dark Markets. Economic Journal. Discipline based - refereed, Accepted, 08/2015.
  • Elena Asparouhova & Peter Bossaerts, Jernej Copic, Brad Cornell, Jaksa Cvitanic, Debrah Meloso (2015). Experiments on Asset Pricing under Delegated Portfolio Management. Management Science. Discipline based - refereed, Published, 02/2015.
  • Elena Asparouhova & Peter Bossaerts, Jon Eguia, William Zame (2015). Asset Pricing and Asymmetric Reasoning. Journal of Political Economy. Vol. 1. Discipline based - refereed, Published, 02/2015.
    http://www.press.uchicago.edu/journals/jpe/forthco...
  • Elena Asparouhova, Hank Bessembinder & Ivalina Kalcheva (2013). Noisy Prices and Inference Regarding Returns. Journal of Finance. Vol. 68, 665-714. Published, 03/2013.
  • Asparouhova, Elena , & Hank Bessembinder & Ivalina Kalcheva. (2010) Liquidity Biases in Asset Pricing Tests. Journal of Financial Economics. 96, 215-237. Published, 01/2010.
  • Asparouhova, E., & Michael Hertzel and Michael Lemmon. (2009). Inference from Streaks in Random Outcomes: Experimental Evidence on Beliefs in Regime Shifting and the Law of Small Numbers . Management Science. Discipline based - refereed, Published, 11/2009.
    http://mansci.journal.informs.org/cgi/content/abst...
  • Asparouhova, E., & Peter Bossaerts. (2009). Modeling Price Pressure in Financial Markets. Journal of Economic Behavior and Organization. Discipline based - refereed, Published, 01/2009.
    http://www.sciencedirect.com/science/article/B6V8F...
  • Asparouhova, E.(2006). Competition in Lending: Theory and Experiments. Review of Finance. Discipline based - refereed, Published, 06/2006.
  • Asparouhova, E., & Peter Bossaerts, and Charles Plott. (2003). Excess Demand And Equilibration In Multi-Security Financial Markets: The Empirical Evidence. Journal of Financial Markets. 6, 21-Jan. Discipline based - refereed, Published, 2003.
  • Asparouhova, E., & Tihomir Asparouhov, Robert Golanski, Krzysztof Kaspryk, and Robert Sherman. (2002). Rank Estimators for a Transformation Model. Econometric Theory. 18, 1099-1120. Discipline based - refereed, Published, 2002.