Blar i Statistisk sentralbyrås publikasjonsserier / Published by Statistics Norway på emneord "JEL classification: C90"
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A laboratory stress-test of bid, double and offer auctions
(Discussion Papers;No. 327, Working paper, 2002)Abstract: This paper reports on the empirical properties of the bid auction (buyers propose prices), offer auction (sellers suggest prices) and double auction (both buyers and seller initiate price quotes). These trading ... -
Asymmetric information and international tradable quota treaties : an experimental evaluation
(Discussion Papers;No. 248, Working paper, 1999)This paper reports an experimental test of international quota trading on a market characterised by several dominant traders. Asymmetric information regarding quota demand and supply imply true market-clearing prices which ... -
Price formation in monopolistic markets with endogenous diffusion of trading information: An experimental approach
(Discussion Papers;No. 336, Working paper, 2002)Abstract: This paper reports on price formation in experimental markets in which a single seller trades with four buyers. Transactions occur if either a buyer accepts an offer to sell from the seller, or the seller accepts ... -
The Duhem-Quine thesis and experimental economics. A reinterpretation
(Discussion Papers;No. 329, Working paper, 2002)Abstract: The Duhem-Quine thesis asserts that any empirical evaluation of a theory is in fact a composite test of several interconnected hypotheses. Recalcitrant evidence signals falsity within the conjunction of hypotheses, ...