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On the Behavioral Foundations of the Law of Supply and Demand: Human Rationality vs. Randomness Author info | Abstract | Publisher info | Download info | Related research | Statistics Brewer, Paul J.
Huang, Maria
Nelson, Brad
Plott, Charles R.
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Paper provided by California Institute of Technology, Division of the Humanities and Social Sciences in its series Working Papers with number
1079.
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Length: 30 pages
Date of creation: Dec 1999Date of revision:
Publication status: Published:Handle: RePEc:clt:sswopa:1079Contact details of provider: Postal: Working Paper Assistant, Division of the Humanities and Social Sciences, 228-77, Caltech, Pasadena CA 91125 Phone: 626 395-4065 Fax: 626 405-9841 Email: Web page: http://www.hss.caltech.edu/ss
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Keywords: References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
Plott, Charles R & George, Glen, 1992.
"Marshallian vs. Walrasian Stability in an Experimental Market ,"
Economic Journal ,
Royal Economic Society, vol. 102(412), pages 437-60, May.
[Downloadable!] (restricted)
Vernon L. Smith, 1962.
"An Experimental Study of Competitive Market Behavior ,"
Journal of Political Economy ,
University of Chicago Press, vol. 70, pages 322.
[Downloadable!] (restricted)
Other versions: Sunder, S., 1992.
"Lower Bounds for Efficiency of Surplus Extraction in Double Auctions ,"
GSIA Working Papers
1992-17, Carnegie Mellon University, Tepper School of Business.
Charles R. Plott & Jared Smith, 1999.
"Instability of Equilibria in Experimental Markets: Upward-Sloping Demands, Externalities, and Fad-Like Incentives ,"
Southern Economic Journal ,
Southern Economic Association, vol. 65(3), pages 405-426, January.
Theodore W. Schultz, 1962.
"Reflections on Investment in Man ,"
Journal of Political Economy ,
University of Chicago Press, vol. 70, pages 1.
[Downloadable!] (restricted)
Noussair, Charles & Plott, Charles & Riezman, Raymond., .
"An Experimental Investigation of the Patterns of International Trade ,"
Working Papers
799, California Institute of Technology, Division of the Humanities and Social Sciences.
[Downloadable!]
Other versions:
Noussair, C. & Plott, C. & Riezman, R., 1993.
"An Experimental Investigation of the Patterns of International Trade ,"
Papers
9311-a, Erasmus University of Rotterdam - Econometric Institute.
Noussair, Charles N & Plott, Charles R & Riezman, Raymond G, 1995.
"An Experimental Investigation of the Patterns of International Trade ,"
American Economic Review ,
American Economic Association, vol. 85(3), pages 462-91, June.
[Downloadable!] (restricted) Gode, Dhananjay K & Sunder, Shyam, 1997.
"What Makes Markets Allocationally Efficient? ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 112(2), pages 603-30, May.
Jamison, Julian C. & Plott, Charles R., 1997.
"Costly offers and the equilibration properties of the multiple unit double auction under conditions of unpredictable shifts of demand and supply ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 32(4), pages 591-612, April.
[Downloadable!] (restricted)
Hurwicz, Leonid & Radner, Roy & Reiter, Stanley, 1975.
"A Stochastic Decentralized Resource Allocation Process: Part I ,"
Econometrica ,
Econometric Society, vol. 43(2), pages 187-221, March.
[Downloadable!] (restricted)
Other versions: Dhananjay (Dan) K. Gode & Shyam Sunder, 2000.
"Double Auction Dynamics: Structural Effects Of Non-Binding Price Controls ,"
Yale School of Management Working Papers
ysm1, Yale School of Management.
[Downloadable!]
Other versions:
Dhananjay (Dan) K. Gode & Shyam Sunder, 2003.
"Double Auction Dynamics: Structural Effects Of Non-Binding Price Controls ,"
Yale School of Management Working Papers
ysm141, Yale School of Management.
[Downloadable!] Gode, Dhananjay (Dan) K. & Sunder, Shyam, 2004.
"Double auction dynamics: structural effects of non-binding price controls ,"
Journal of Economic Dynamics and Control ,
Elsevier, vol. 28(9), pages 1707-1731, July.
[Downloadable!] (restricted) Gjerstad, Steven & Dickhaut, John, 1998.
"Price Formation in Double Auctions ,"
Games and Economic Behavior ,
Elsevier, vol. 22(1), pages 1-29, January.
[Downloadable!] (restricted)
Other versions: Aliprantis, Charalambos D & Plott, Charles R, 1992.
"Competitive Equilibria in Overlapping Generations Experiments ,"
Economic Theory ,
Springer, vol. 2(3), pages 389-426, July.
Plott, Charles R & Smith, Vernon L, 1978.
"An Experimental Examination of Two Exchange Institutions ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 45(1), pages 133-53, February.
[Downloadable!] (restricted)
Other versions: Cason, Timothy N. & Friedman, Daniel, 1996.
"Price formation in double auction markets ,"
Journal of Economic Dynamics and Control ,
Elsevier, vol. 20(8), pages 1307-1337, August.
[Downloadable!] (restricted)
Other versions: Plott, Charles R, 1982.
"Industrial Organization Theory and Experimental Economics ,"
Journal of Economic Literature ,
American Economic Association, vol. 20(4), pages 1485-1527, December.
[Downloadable!] (restricted)
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