Trading in Networks: a Classroom Experiment

==noted by yinung==
分組, 在圈形的網路 topoloty 中, 隨機選兩組進行貿易, 但 transport 經過各組 node 時要付費
  • S. Choi, A. Galeotti, S. Goyal.Trading in networks: theory and experiments, -Cambridge-INET Working Paper, 2014
  • M. Kosfeld. Economic Networks in the Laboratory: A Survey, Institute for Empirical Research
    in Economics, University of Zurich, 2015.
Date: 2015-10
By: Paul Johnson (Department of Economics and Public Policy, University of Alaska Anchorage)
Qiujie Zheng (Department of Economics and Public Policy, University of Alaska Anchorage)
This paper describes a classroom experiment that demonstrates coordination and competition between traders in a network. Students test theoretical predictions concerning the emergence of equilibrium and the division of surplus between buyers and sellers. The experiment is appropriate for use in teaching intermediate microeconomics, industrial organization, transportation economics and game theory.
Keywords: Experimental Economics, Classroom Experiment, Trading in Networks
JEL: A22 B21 C92


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