This research aimed to design a transportation model for the international trade of agricultural products between Thailand, Laos, and Cambodia, known as the Great Mekong Subregion (GMS). Agricultural products are transported from a farmers' cooperative to a foreign end market. The mathematical...

Prices usually adjust much faster when costs increase than when costs decrease. The mechanism driving this "Rockets-and-Feathers" phenomenon is not well understood despite of ample empirical evidence for its existence. We use simple experimental markets with and without consumer search and...

This study uses an agent-based computational labor market framework to experimentally study the relationship between job capacity, job concentration, and market power. Job capacity is measured by the ratio of potential job openings to potential work orders, and job concentration is measured by...