On 28th November OxTalks will move to the new Halo platform and will become 'Oxford Events' (full details are available on the Staff Gateway).
There will be an OxTalks freeze beginning on Friday 14th November. This means you will need to publish any of your known events to OxTalks by then as there will be no facility to publish or edit events in that fortnight. During the freeze, all events will be migrated to the new Oxford Events site. It will still be possible to view events on OxTalks during this time.
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We examine whether the sustainable character of an investment impacts asset prices. We use experimental markets with the structure introduced by Smith, Suchanek, and Williams (1988) to investigate the impact of sustainable attributes. Prior studies suggest that investors experience positive emotions when choosing a sustainable investment and that positive emotions correlate with purchases and overpricing. The objective of our study is to investigate the implied relationship in a controlled lab environment. Specifically, we test whether sustainability positively influences asset prices through its positive impact on emotions. We manipulate sustainability levels by providing different sustainability information about the tradeable asset and analyze investors’ emotions during trading using a face-reading software. Moreover, we test how participants’ sustainability preferences affect their trading behavior.
