Impact of Ethnicities on Market Outcome: Results of Market Experiments in Kenya
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- Junyi Shen & Ken-Ichi Shimomura & Takehiko Yamato & Tokinao Ohtaka & Kiyotaka Takahashi, 2015. "Revisiting Marshallian versus Walrasian Stability in an Experimental Market," Discussion Paper Series DP2015-30, Research Institute for Economics & Business Administration, Kobe University, revised May 2016.
More about this item
KeywordsEconomic Experiment; Kenya; Pit Market; Perfect Competition; Multiple Equilibria;
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-AFR-2011-03-26 (Africa)
- NEP-ALL-2011-03-26 (All new papers)
- NEP-EVO-2011-03-26 (Evolutionary Economics)
- NEP-EXP-2011-03-26 (Experimental Economics)
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