Call Market Experiments: Efficiency and Price Discovery through Multiple Calls and Emergent Newton Adjustments
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Note: DOI: 10.1257/mic.20150201
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Cited by:
- Collins, Sean M. & James, Duncan & Servátka, Maroš & Vadovič, Radovan, 2021.
"Attainment of equilibrium via Marshallian path adjustment: Queueing and buyer determinism,"
Games and Economic Behavior, Elsevier, vol. 125(C), pages 94-106.
- Collins, Sean M. & James, Duncan & Servátka, Maroš & Vadovič, Radovan, 2020. "Attainment of Equilibrium via Marshallian Path Adjustment: Queueing and Buyer Determinism," MPRA Paper 104444, University Library of Munich, Germany.
- Koji Kotani & Kenta Tanaka & Shunsuke Managi, 2019.
"Which performs better under trader settings, double auction or uniform price auction?,"
Experimental Economics, Springer;Economic Science Association, vol. 22(1), pages 247-267, March.
- Koji Kotani & Kenta Tanaka & Shunsuke Managi, 2012. "On fundamental performance of a marketable permits system in a trader setting: Double auction vs. uniform price auction," Working Papers EMS_2012_08, Research Institute, International University of Japan.
- Koji Kotani & Kenta Tanaka & Shunsuke Managi, 2015. "Which performs better under a trader setting, double auction or uniform price auction?," Working Papers SDES-2015-17, Kochi University of Technology, School of Economics and Management, revised May 2015.
- Koji Kotani & Kenta Tanaka & Shunsuke Managi, 2014. "On the fundamental performance of a marketable permit system in a trader setting," Working Papers SDES-2014-2, Kochi University of Technology, School of Economics and Management, revised Oct 2014.
- Charles R. Plott & Timothy N. Cason & Benjamin J. Gillen & Hsingyang Lee & Travis Maron, 2023. "General equilibrium methodology applied to the design, implementation and performance evaluation of large, multi-market and multi-unit policy constrained auctions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 641-693, April.
- Duffy, John & Rabanal, Jean Paul & Rud, Olga A., 2021. "The impact of ETFs in secondary asset markets: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 674-696.
- Kuhle, Wolfgang, 2021. "Equilibrium with computationally constrained agents," Mathematical Social Sciences, Elsevier, vol. 109(C), pages 77-92.
- Caginalp, Carey & Caginalp, Gunduz, 2018.
"The quotient of normal random variables and application to asset price fat tails,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 499(C), pages 457-471.
- Carey Caginalp & Gunduz Caginalp, 2018. "The Quotient of Normal Random Variables And Application to Asset Price Fat Tails," Papers 1802.04778, arXiv.org.
- Carey Caginalp & Gunduz Caginalp, 2019. "Derivation of non-classical stochastic price dynamics equations," Papers 1908.01103, arXiv.org, revised Aug 2020.
- Selten, Reinhard & Neugebauer, Tibor, 2019. "Experimental stock market dynamics: Excess bids, directional learning, and adaptive style-investing in a call-auction with multiple multi-period lived assets," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 209-224.
- Sarkissian, Jack, 2020. "Quantum coupled-wave theory of price formation in financial markets: Price measurement, dynamics and ergodicity," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 554(C).
- Tobias Brünner & René Levínský, 2023.
"Price discovery and gains from trade in asset markets with insider trading,"
The European Journal of Finance, Taylor & Francis Journals, vol. 29(3), pages 255-277, February.
- Brünner, Tobias & Levinsky, Rene, 2020. "Price discovery and gains from trade in asset markets with insider trading," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224618, Verein für Socialpolitik / German Economic Association.
- John Duffy & Jean Paul Rabanal & Olga A. Rud, 2019. "The Impact of ETFs on Asset Markets: Experimental Evidence," Working Papers 154, Peruvian Economic Association.
- Collins, Sean M. & James, Duncan & Servátka, Maroš & Vadovič, Radovan, 2020. "Attainment of Equilibrium: Marshallian Path Adjustment and Buyer Determinism," MPRA Paper 104103, University Library of Munich, Germany.
- Gunduz Caginalp, 2020. "Fat tails arise endogenously in asset prices from supply/demand, with or without jump processes," Papers 2011.08275, arXiv.org, revised Mar 2021.
- Caginalp, Carey & Caginalp, Gunduz, 2020. "Derivation of non-classical stochastic price dynamics equations," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 560(C).
- Benjamin J. Gillen & Masayoshi Hirota & Ming Hsu & Charles R. Plott & Brian W. Rogers, 2021. "Divergence and convergence in Scarf cycle environments: experiments and predictability in the dynamics of general equilibrium systems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(3), pages 1033-1084, April.
- Jack Sarkissian, 2020. "Quantum coupled-wave theory of price formation in financial markets: price measurement, dynamics and ergodicity," Papers 2002.04212, arXiv.org.
- Caginalp, Carey & Caginalp, Gunduz, 2019.
"Price equations with symmetric supply/demand; implications for fat tails,"
Economics Letters, Elsevier, vol. 176(C), pages 79-82.
- Carey Caginalp & Gunduz Caginalp, 2019. "Price equations with symmetric supply/demand; implications for fat tails," Papers 1904.00267, arXiv.org.
- Emiko Fukuda & Shuhei Sato & Junyi Shen & Ken-Ichi Shimomura & Takehiko Yamato, 2020. "Walrasian Dynamics with Endowment Changes: The Gale Example in a Laboratory Market Experiment," Discussion Paper Series DP2020-20, Research Institute for Economics & Business Administration, Kobe University, revised Apr 2021.
More about this item
JEL classification:
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
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