POSADA, MARTA; HERNÁNDEZ, CESÁREO; LÓPEZ-PAREDES, ADOLFO - In: Advances in Complex Systems (ACS) 11 (2008) 02, pp. 249-260
Do the Marshallian and Walrasian models have a firm foundation on micromotives, or are they just macroabstractions that we could dispense in microeconomics? Previous evidence from experimental economics with human subjects in continuous double auction markets shows that, if the supply is...