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Persistent link: https://www.econbiz.de/10009232711
We describe a multiproduct barter trading experiment in which students exchange real goods in an open market based on … their own personal preference. The experiment is designed for simulating a pure exchange market in order to demonstrate the …
Persistent link: https://www.econbiz.de/10005125577
This paper aims at presenting the methodological approach to simulations, proposed at the beginning of the sixties by a group of scholars of the Carnegie Mellon University. This approach can be defined cognitive and behavioural, because of the attention to real perception and decision-making and...
Persistent link: https://www.econbiz.de/10005412552