Field Experiments in Markets / Omar Al-Ubaydli, John A. List.

Format:

Book

Author/Creator:

Al-Ubaydli, Omar.

Contributor:

National Bureau of Economic Research.

List, John A.

Series:

Working Paper Series (National Bureau of Economic Research) no. w22113.

NBER working paper series no. w22113

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2016.

Summary:

This is a review of the literature of field experimental studies of markets. The main results covered by the review are as follows: (1) Generally speaking, markets organize the efficient exchange of commodities; (2) There are some behavioral anomalies that impede efficient exchange; (3) Many behavioral anomalies disappear when traders are experienced.

Notes:

Print version record

March 2016.