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Price Formation in Double Auctions Author info | Abstract | Publisher info | Download info | Related research | Statistics Gjerstad, S.
Dickhaut, J.
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Paper provided by Minnesota - Center for Economic Research in its series Papers with number
284.
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Length: 27 pages
Date of creation: 1995Date of revision:
Handle: RePEc:fth:minner:284Contact details of provider: Postal: UNIVERSITY OF MINNESOTA, CENTER FOR ECONOMIC RESEARCH, DEPARTMENT OF ECONOMICS, MINNEAPOLIS MINNESOTA 35455 U.S.A. Phone: (612)625-6353 Fax: (612)624-0209 Email: Web page: http://www.econ.umn.edu/ More information through EDIRC
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Keywords: PRICING ; AUCTIONS ; Other versions of this item:
Find related papers by JEL classification: G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
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.:
Hurwicz, Leonid & Radner, Roy & Reiter, Stanley, 1975.
"A Stochastic Decentralized Resource Allocation Process: Part II ,"
Econometrica ,
Econometric Society, vol. 43(3), pages 363-93, May.
[Downloadable!] (restricted)
Other versions: 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: Steven Gjerstad & Jason Shachat, 1996.
"A General Equilibrium Structure for Induced Supply and Demand ,"
University of California at San Diego, Economics Working Paper Series
96-35, Department of Economics, UC San Diego.
[Downloadable!]
Gjerstad, S. & Dickhaut, J., 1995.
"Price Formation in Double Auctions ,"
Papers
284, Minnesota - Center for Economic Research.
Other versions:
Steven Gjerstad & John Dickhaut, 2003.
"Price Formation in Double Auctions ,"
Microeconomics
0302001, EconWPA.
[Downloadable!] Gjerstad, Steven & Dickhaut, John, 1998.
"Price Formation in Double Auctions ,"
Games and Economic Behavior ,
Elsevier, vol. 22(1), pages 1-29, January.
[Downloadable!] (restricted) Gode, Dhananjay K & Sunder, Shyam, 1993.
"Allocative Efficiency of Markets with Zero-Intelligence Traders: Market as a Partial Substitute for Individual Rationality ,"
Journal of Political Economy ,
University of Chicago Press, vol. 101(1), pages 119-37, February.
[Downloadable!] (restricted)
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)
Full
references Cited by : (explanations , 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.)
Marco LiCalzi & Paolo Pellizzari, 2008.
"Zero-Intelligence Trading without Resampling ,"
Working Papers
164, Department of Applied Mathematics, University of Venice.
[Downloadable!]
Steven Gjerstad, 2007.
"Price Dynamics in an Exchange Economy ,"
Purdue University Economics Working Papers
1205, Purdue University, Department of Economics.
[Downloadable!]
Steven Gjerstad, 2004.
"The Strategic Impact of Pace in Double Auction Bargaining ,"
Econometric Society 2004 North American Winter Meetings
190, Econometric Society.
[Downloadable!]
Other versions: Steven Gjerstad & Jason M. Shachat, 2007.
"Individual Rationality and Market Efficiency ,"
Purdue University Economics Working Papers
1204, Purdue University, Department of Economics.
[Downloadable!]
Wheatley, W. Parker & Buhr, Brian & Dipietre, Dennis, 2001.
"E-Commerce In Agriculture: Development, Strategy, And Market Implications ,"
Staff Papers
13938, University of Minnesota, Department of Applied Economics.
[Downloadable!]
Carsten Schmidt & Jens Grossklags, 2004.
"Interaction of Human and Artificial Agents on Double Auction Markets - Simulations and Laboratory Experiments ,"
Papers on Strategic Interaction
2003-22, Max Planck Institute of Economics, Strategic Interaction Group.
[Downloadable!]
Carlén, Björn, 1999.
"Large-Country Effects in International Emissions Trading: A Laboratoty Test ,"
Research Papers in Economics
1999:15, Stockholm University, Department of Economics.
Gjerstad, S., 2006.
"The Competitive Market Paradox ,"
Purdue University Economics Working Papers
1180, Purdue University, Department of Economics.
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Other versions: John Duffy, 2004.
"Agent-Based Models and Human Subject Experiments ,"
Computational Economics
0412001, EconWPA.
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Other versions: Kirchsteiger, G. & Niederle, M. & Potters, J., 2001.
"Public versus private exchanges ,"
Discussion Paper
101, Tilburg University, Center for Economic Research.
[Downloadable!]
Steven Gjerstad, 2004.
"Market Dynamics in Edgeworth Exchange ,"
Microeconomics
0401006, EconWPA.
[Downloadable!]
Brewer, Paul J. & Huang, Maria & Nelson, Brad & Plott, Charles R., 1999.
"On the Behavioral Foundations of the Law of Supply and Demand: Human Rationality vs. Randomness ,"
Working Papers
1079, California Institute of Technology, Division of the Humanities and Social Sciences.
[Downloadable!]
Kirchsteiger, G. & Niederle, M. & Potters, J., 1998.
"The endogenous evolution of market institutions an experimental investigation ,"
Discussion Paper
67, Tilburg University, Center for Economic Research.
[Downloadable!]
Paul Brewer & Maria Huang & Brad Nelson & Charles Plott, 2002.
"On the Behavioral Foundations of the Law of Supply and Demand: Human Convergence and Robot Randomness ,"
Experimental Economics ,
Springer, vol. 5(3), pages 179-208, December.
[Downloadable!] (restricted)
Steven Gjerstad & Jason Shachat, 2003.
"The Edgeworth exchange formulation of bargaining models and market experiments ,"
Microeconomics
0304004, EconWPA.
[Downloadable!]
Steven Gjerstad & John Dickhaut, 2003.
"Price Formation in Double Auctions ,"
Microeconomics
0302001, EconWPA.
[Downloadable!]
Other versions:
Gjerstad, S. & Dickhaut, J., 1995.
"Price Formation in Double Auctions ,"
Papers
284, Minnesota - Center for Economic Research.
Gjerstad, Steven & Dickhaut, John, 1998.
"Price Formation in Double Auctions ,"
Games and Economic Behavior ,
Elsevier, vol. 22(1), pages 1-29, January.
[Downloadable!] (restricted)
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