EXPERIMENTAL MARKETS USING THE ELECTRONIC MARKET PLACE (EMP)

A computer system for implementing electronic markets on networks of personal computers is described. The program allows a researcher or teacher to design market simulations to meet a variety of goals, and records a complete set of market activities for analysis. Illustrations of example markets are provided, and the classroom application of market simulations in teaching agricultural economics is discussed.


Subject(s):
Issue Date:
1998-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/15094
Published in:
Journal of Agricultural and Applied Economics, Volume 30, Number 1
Page range:
151-162
Total Pages:
12




 Record created 2017-04-01, last modified 2017-08-23

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