We describe a multiproduct barter trading experiment in which students exchange real goods in an open market based on their own personal preference. The experiment is designed for simulating a pure exchange market in order to demonstrate the role of money and its functions in real economies by...

The authors describe a multiproduct barter trading experiment in which students exchange real goods in an open market based on their own personal preference. The experiment is designed f or simulating a pure exchange market in order to demonstrate the role o f money and its functions in real...