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Simultaneous and sequential price competition in heterogeneous duopoly markets: experimental evidence

✍ Scribed by Dorothea Kübler; Wieland Müller


Book ID
117360909
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
294 KB
Volume
20
Category
Article
ISSN
0167-7187

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Experimental evidence on trading behavio
✍ Darren Duxbury 📂 Article 📅 2005 🏛 John Wiley and Sons 🌐 English ⚖ 351 KB

## 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