Noussair / Tucker A Collection of Surveys on Market Experiments

1. Auflage 2013
ISBN: 978-1-118-79068-7
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 248 Seiten, E-Book

Reihe: Surveys of Recent Research in Economics

Comprised of 10 surveys by leading scholars, this collectionshowcases the largest and fastest growing strands of research onmarket behaviour in experimental economics.
* Covers topics such as asset markets, contests, environmentalpolicy, frictions, general equilibrium, labour markets, multi-unitauctions, oligopoly markets, and prediction markets
* Focuses on the literature that has helped economists bestunderstand how markets operate
* Assesses the impact of developments in theory, policy, andresearch methods

Autoren/Hrsg.

Noussair, Charles

Tucker, Steven

Inhaltsverzeichnis

1. A Collection of Surveys on Market Experiments 1
Charles N. Noussair and Steven Tucker
2. Experimental Labor Markets and Policy Considerations: Incomplete Contracts and Macroeconomic Aspects 5
Fortuna Casoria and Arno Riedl
3. Price Dynamics in General Equilibrium Experiments 31
Sean Crockett
4. Oligopoly Experiments in the Current Millennium 51
Jan Potters and Sigrid Suetens
5. Multiunit Auctions 75
Anthony M. Kwasnica and Katerina Sherstyuk
6. Overbidding and Heterogeneous Behavior in Contest Experiments 109
Roman M. Sheremeta
7. Environmental Markets: What Do We Learn From the Lab? 135
Lana Friesen and Lata Gangadharan
8. Experimental Markets with Frictions 159
Gabriele Camera, Marco Casari and Maria Bigoni
9. Experimental Research on Asset Pricing 179
Charles N. Noussair and Steven Tucker
10. A Review of Bubbles and Crashes in Experimental Asset Markets 197
Stefan Palan
11. Prediction Markets in the Laboratory 219
Cary Deck and David Porter
Index 235

Über Autor(innen)

Charles N. Noussair is Professor of Economics at TilburgUniversity, the Netherlands. He specializes in experimentaleconomics and his research uses an experimental approach to studyindividual choice, collective action, markets, auctions,macroeconomics, and international economics.
Steven Tucker is Founder and Director of the WaikatoExperimental Economics Laboratory, a state-of-the-art researchfacility, and Senior Lecturer in Economics at Waikato University,New Zealand. He uses experimental economic methods to studyresearch questions in a range of areas of economics such asindustrial organization, financial economics, andmacroeconomics.