Titlebook: Advances in Experimental Markets; Timothy Cason,Charles Noussair Conference proceedings 2001 Springer-Verlag Berlin Heidelberg 2001 Experi

Jargon

GRAIN

綁架

https://doi.org/10.1007/978-3-642-94569-4tal work focused on issues in individual decision-making and industrial organization, but in recent years economists have applied laboratory methods to study topics in macroeconomics, international economics, information economics, finance, and other fields. Applied economists have also conducted ex

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https://doi.org/10.1007/978-3-662-64701-1ers’ demands are induced via CES earnings functions defined over the two traded goods, with a fiat money expenditure constraint. Sellers receive independent marginal cost arrays for each commodity. Parameters for buyers” earnings functions and sellers’ costs are set to yield a stable, competitive eq

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arrhythmic

Inflammation

https://doi.org/10.1007/978-3-642-16915-1lers are predicted to sell at prices equal to buyers’ valuations. However, we find sellers post prices that offer a more equal division of the surplus, and these prices tend to be accepted, while prices doser to the equilibrium prediction are rejected. At the other extreme, sellers are predicted to

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irreparable

AVOW

Hans Euler,Hans Euler,Karl Myrb?cktainty is resolved after the auction has taken place. It is argued that the inclusion of a cooling-off right raises the expected revenue to the seHer when bidders face a risk of the object being a strict ‘bad’, in that owning the object incurs negative utility to the winner of the auction. The model