Levy, Daniel; Bergen, Mark - In: Economic Inquiry 31 (1993) 2, pp. 314-321
role of money and its functions in real economies by showing the limitations and inefficiencies of the traditional barter …We describe a multiproduct barter trading experiment in which students exchange real goods in an open market based on … money needs to possess in order to function as an efficient medium of exchange, unit of account, and store of value. …