Golden eye — How traders focus on and select information in experimental asset markets
Journal
Journal of Behavioral and Experimental Finance
Type
Article
Date Issued
2026-03
Author(s)
Abstract
In this study, we examine the subjective importance that traders attribute to specific information elements in experimental asset markets in two ways. First, using eye-tracking technology, we determine which given elements garner the most visual focus among traders. Second, we let traders actively choose a limited set of the given elements to determine which ones they deem important to have while trading. Our results indicate that the order book is the most important to traders, while the price chart is of low importance. There is only a conditional alignment between the elements that receive the most visual focus and those that traders select. Additionally, cognitive abilities play a non-trivial role in determining which information elements traders focus on. Finally, we find mixed evidence of a potential link between visual focus and trading performance.
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Elsevier BV
Volume
49
Start page
101138
Subject(s)
Division(s)
File(s)![Thumbnail Image]()
Name
Golden eye — How traders focus on and select information in experimental asset markets.pdf
Size
2.85 MB
Format
Adobe PDF
Checksum (MD5)
58423b3f1e47043bbccbc5234bd6e1ce