There are two primary reasons for examining the effect of nonbinding price controls (floors or ceilings) on experimental double auctions (DA) trading. 1. The DA institution yields convergence to a competitive equilibrium at least a
In this experiment, we analyze whether price ceilings can have a collusive effect in laboratory mark...
Abstract We resume the search for a collusive focal-point effect of price ceilings in laboratory mar...
The effect of imposing binding and non-binding quantity restrictions upon price convergence in poste...
In competitive equilibrium, non-binding price controls (that is, price floors below and ceilings abo...
We investigate how price ceilings and floors affect outomces in continuous time, double auction mark...
We investigate how price ceilings and floors affect outcomes in continuous time, double auction mark...
Abstract: A potential source of instability of many economic models is that agents have little incen...
peer reviewedThere is robust evidence in the experimental economics literature showing that monopoly...
A potential source of instability of many economic models is that agents have little incentive to st...
The effect of price ceilings and quantity controls in experimental posted-offer markets on market ef...
There is robust evidence in the experimental econom- ics literature showing that monopoly power is a...
Models of price dynamics posit price adjustment as a corrective force that restores an equilibrium p...
Abstract: This paper reports on the empirical properties of the bid auction (buyers propose prices)...
Price ceilings and price floors are common in all market systems. The ancient Greeks and Hellenistic...
iN THIS PAPER WE PRESENT DOUBLE-AUCTION AND POSTED OFFER EXPERIMENTS IN WHICH SOME LOW-COST SELLES H...
In this experiment, we analyze whether price ceilings can have a collusive effect in laboratory mark...
Abstract We resume the search for a collusive focal-point effect of price ceilings in laboratory mar...
The effect of imposing binding and non-binding quantity restrictions upon price convergence in poste...
In competitive equilibrium, non-binding price controls (that is, price floors below and ceilings abo...
We investigate how price ceilings and floors affect outomces in continuous time, double auction mark...
We investigate how price ceilings and floors affect outcomes in continuous time, double auction mark...
Abstract: A potential source of instability of many economic models is that agents have little incen...
peer reviewedThere is robust evidence in the experimental economics literature showing that monopoly...
A potential source of instability of many economic models is that agents have little incentive to st...
The effect of price ceilings and quantity controls in experimental posted-offer markets on market ef...
There is robust evidence in the experimental econom- ics literature showing that monopoly power is a...
Models of price dynamics posit price adjustment as a corrective force that restores an equilibrium p...
Abstract: This paper reports on the empirical properties of the bid auction (buyers propose prices)...
Price ceilings and price floors are common in all market systems. The ancient Greeks and Hellenistic...
iN THIS PAPER WE PRESENT DOUBLE-AUCTION AND POSTED OFFER EXPERIMENTS IN WHICH SOME LOW-COST SELLES H...
In this experiment, we analyze whether price ceilings can have a collusive effect in laboratory mark...
Abstract We resume the search for a collusive focal-point effect of price ceilings in laboratory mar...
The effect of imposing binding and non-binding quantity restrictions upon price convergence in poste...