Brewer, Paul; Huang, Maria; Nelson, Brad; Plott, Charles - In: Experimental Economics 5 (2002) 3, pp. 179-208
This research builds on the work of D.K. Gode and Shyam Sunder who demonstrated the existence of a strong relationship between market institutions and the ability of markets to seek equilibrium—even when the agents themselves have limited intelligence and behave with substantial...