Individual Rationality and Market Efficiency
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More about this item
KeywordsBounded rationality; double auction; exchange economy; experimental economics; market experiment; zero intelligence model;
- C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-CBE-2007-08-27 (Cognitive & Behavioural Economics)
- NEP-CMP-2007-08-27 (Computational Economics)
- NEP-EXP-2007-08-27 (Experimental Economics)
- NEP-HPE-2007-08-27 (History & Philosophy of Economics)
- NEP-KNM-2007-08-27 (Knowledge Management & Knowledge Economy)
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