experiment to measure changes of human trading behavior if these humans expect algorithmic traders. To disentangle the direct … effect of algorithmic traders we use a design where we manipulate only the expectations of human traders. We find clearly …

experiment to measure human trading behaviour changes if these humans expect algorithmic traders. To disentangle the direct … effect algorithmic traders have we use a clean design where we can manipulate only the expectations of human traders. We find …

uncertainty. We designed a multi-period experiment in which each period consisted of two stages, an R&D phase and a pricing stage …. Participants in the experiment had almost no information about the underlying functions, parameters, and probabilities. Subjects …' behavior in the fundamentally uncertain environment of our experiment may best be characterized as some kind of procedural …

We study how subjects in an experiment use different forms of public information about their opponents' past behavior …