Giulioni, Gianfranco; Bucciarelli, Edgardo - In: Applied Economics Letters 18 (2011) 5, pp. 455-460
In this article we perform an empirical investigation to detect whether and to what extent agents' behaviour departs from those foreseen by the orthodox economic theory in the Pescara wholesale fish market, which has a centralized structure. Using non-parametric techniques and tools from...