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Markets and the evolution of fair prices

3 maggio 2023
2:00 pm
San Francesco Complex - Classroom 1

In this talk, we shall review the experimental literature on double auctions with a focus on our own contributions. We shall combine learnings from experiments on behavioral dynamics in repeated interactions more broadly with the individual-level analyses of said market experiments to formulate a few conjectures on how “fair” prices might emerge as a consequence of trade dynamics.

 

Join at: imt.lu/seminar

relatore: 
Heinrich Nax, University of Zurich
Units: 
AXES