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Persistent link: https://www.econbiz.de/10001554933
This paper presents the results of a series of experiments in a simulated double-auction stock market driven by orders. It is shown that two small groups of traders should adopt a similar behavior when subjected to identical stimuli in the laboratory. To achieve this homogenous behavior, it is...
Persistent link: https://www.econbiz.de/10013150916
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