The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market … highly influential paper, Falk and Szech (2013) provide experimental data that seem to suggest that “market interaction … corroborate their conclusion. These treatments, however, reveal that repeated play and not market interaction causes the erosion …

This study examines the impact of investors' buy and sell trades on Korean stock market volatility across two crisis … some institutional investors are more informed traders that stabilize the market compared to individuals that always …

instead focus more on their domestic market. In the second step, the paper presents adjustment dynamics that are induced by a …

In this paper, unlike the conventional wisdom, we demonstrate that the relationship between the size of the market and …

preferred market access for final goods if a sufficiently high fraction of inputs used in the production process is sourced …