Browsing Statistisk sentralbyrås publikasjonsserier / Published by Statistics Norway by Subject "JEL classification: C92"
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Voting rules and endogenous trading institutions: An experimental study
(Discussion Papers;No. 328, Working paper, 2002)Abstract: This paper reports on recurring laboratory elections in which buyers and sellers choose institutional rules to govern a subsequent trading round. The bid auction (buyers propose prices), offer auction (sellers ...