The matching market (MM) institution is a two-sided auction procedure that collects bids from buyers and asks from sellers, and iteratively matches the highest remaining bid with the highest remaining ask less than or equal to it. This chapter summarizes a first laboratory experiment comparing...

In this book, economist and evolutionary game theorist Daniel Freidman demonstrates that our moral codes and our market systems, while often in conflict, are really devices evolved to achieve similar ends, and that society functions best when morals and markets are in balance with each other.