Bargaining and Market Behavior: Essays in Experimental Economics

ISBN: 9780521021487 出版年：2000 页码：474 Vernon L Smith Cambridge University Press

Part I: 1. Rational choice: the contrast between economics and psychology 2. Experimental tests of the endowment effect 3. Monetary rewards and decision costs in experimental economics 4. Fairness, effect on temporary and equilibrium prices in posted-offer markets Part II. Bargaining theory, Behavior and Evolutionary Psychology: 5. Preferences, property rights and anonymity in bargaining games 6. Social distance and other regarding behavior in dictator games 7. On expectations and monetary stakes in ultimatum games 8. Game theory and reciprocity in some extensive form experimental games 9. Behavioral foundations of reciprocity: experimental economics and psychology Part III. Institutions and Markets: 10. Reflections on some experimental market mechanisms for classical environments 11. Experimental methods in the political economy of exchange 12. Individual rationality, market rationality, and value estimation 13. Market contestability in the presence of sunk costs 14. The boundaries of competitive price theory: expectations, convergence and transaction cost 15. Off-floor trading, disintegration and the Bid-Ask spread in experimental markets 16. Bertrand-Edgeworth competition in experimental markets 17. An experimental examination of the Walrasian Tatonnement mechanism Part IV. Stock Markets and Bubbles: 18. Stock markets bubbles in the laboratory.