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Oral and Electronic Double Auction Markets: An Experimental Comparison

✍ Scribed by D. Lynn Forster and Clark A. Roberts


Book ID
125087232
Publisher
Blackwell Publishing
Year
1987
Weight
880 KB
Volume
9
Category
Article
ISSN
0191-9016

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Experimental evidence on trading behavio
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## Abstract The reasons for the highly efficient market outcomes observed under the double auction remain unclear. This paper presents a series of experimental financial markets designed to investigate the importance of unknown trading period duration on trading behavior and the convergence tendenc