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A Double Auction Market with Signals of Varying Precision
Plat, Carl - EconWPA - 2005
A computerized double auction market with human traders is employed to examine the relation of price and volume under conditions of asymmetric information. In this market, the informed traders receive higher precision signals than the uninformed traders. The relation of price and volume has been...
Persistent link: https://www.econbiz.de/10005556681
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Catalysts for regional development: putting territorial coordination in practice
Gordillo, Gustavo; Wagner, Rodrigo - EconWPA - 2004
Lack of coordination among agencies at project level and scarce promotion of contracts at micro-scale are critical gaps widely spread in many Latin American regions. We discuss some specific and feasible mechanisms, namely: (i) alliances for rural development and (ii) contract promoters; that...
Persistent link: https://www.econbiz.de/10005119026
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Speed and income
Fosgerau, Mogens - EconWPA - 2004
The relationship between speed and income is established in a micro- economic model focusing on the trade-off between … travel time and the risk of receiving a penalty for exceeding the speed limit. This is used to determine when a rational … driver will choose to exceed the speed limit. The relationship between speed and income is found again in the empirical …
Persistent link: https://www.econbiz.de/10005062524
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L’expérimentation en économie et en psychologie: une comparaison méthodologique.
Marc, Ohana - EconWPA - 2004
L’objet de ce travail est de souligner les divergences qui ont amené les expérimentateurs en économie à se démarquer de la méthodologie expérimentale introduite par les psychologues. Après avoir rappelé en quoi consiste une expérience de laboratoire et quels sont les principes de...
Persistent link: https://www.econbiz.de/10005126094