Peter Bossaerts

Phase transition in the knapsack problem

Nitin Yadav, Carsten Murawski, Sebastian Sardina, Peter Bossaerts

Journal article  |  2021

We examine the phase transition phenomenon for the Knapsack problem from both a computational and a human perspective. We first pr..

Exploiting Distributional Temporal Difference Learning to Deal with Tail Risk

P Bossaerts, S Huang, N Yadav

Journal article  |  2020  |  Risks

In traditional Reinforcement Learning (RL), agents learn to optimize actions in a dynamic context based on recursive estimation of..

Python Client and Server Software for Algorithmic Traders interfacing with Flex-E-Markets

Abhijeet Anand, Nitin Yadav, Peter Bossaerts

Software / Code  |  2020

Flex-E-Markets1 is a software-as-a-service (SaaS) platform that allows creation of experimental markets. The platform is equipped ..

Asset Pricing In a World of Imperfect Foresight

Peter Bossaerts, Felix Fattinger, Frans van den Bogaerde, Wenhao Yang

Report  |  2020

We consider a canonical asset pricing model, where agents with quadratic preferences are allowed to retrade a limited set of secur..

Emotional Engagement and Trading Performance

Peter Bossaerts, Felix Fattinger, Kristian Rotaru, Katherine Xu

Report  |  2020

Extensive research in neuroscience proves that rational decision-making depends on accurate anticipative emotions. We test this pr..

How Information Structure Impacts Aggregation of Information in Markets

Felix Fattinger, Peter Bossaerts, Ryan Anderson

Report  |  2020

We study information aggregation in financial markets. We introduce two new stability concepts: absolute stability (sensitivity of..

Separating Probability and Reversal Learning in a Novel Probabilistic Reversal Learning Task for Mice

Jeremy A Metha, Maddison L Brian, Sara Oberrauch, Samuel A Barnes, Travis J Featherby, Peter Bossaerts, Carsten Murawski, Daniel Hoyer, Laura H Jacobson

Journal article  |  2020  |  Frontiers in Behavioral Neuroscience

The exploration/exploitation tradeoff – pursuing a known reward vs. sampling from lesser known options in the hope of finding a be..

Is Hardness Inherent In Computational Problems? Performance Of Human And Digital Computers On Random Instances Of The 0-1 Knapsack Problem

Nitin Yadav, Carsten Murawski, Sebastian Sardina, Peter Bossaerts

Conference Proceedings  |  2020  |  Proceedings of 24th European Conference On Artificial Intelligence

Many cognitive problems people face have been shown to be computationally intractable. However, tractability is typically defined ..

Surveying the Use of Pharmaceutical Cognitive Enhancers in the Australian Financial Services Industry

Elizabeth Bowman, Bosco Feng, Carsten Murawski, Peter Bossaerts

Report  |  2020

The non-medical use of pharmaceuticals such as methylphenidate and modafinil for cognitive enhancement has been explored in colleg..

Perception of intentionality in investor attitudes towards financial risks

Peter Bossaerts, Shinsuke Suzuki, John P O'Doherty

Journal article  |  2019  |  Journal of behavioral and experimental finance

Traditionally, financial market participation has been treated as analogous to playing games of chance with a physical device such..