Book contents
- Frontmatter
- Contents
- Preface
- Acknowledgments
- Part I The Formative Years
- Part II Institutions and Market Performance
- Introduction
- 10 On Nonbinding Price Controls in a Competitive Market
- 11 An Experimental Comparison of Alternative Rules for Competitive Market Exchange
- 12 Competitive Market Institutions: Double Auctions vs. Sealed Bid-Offer Auctions
- 13 Markets as Economizers of Information: Experimental Examination of the “Hayek Hypothesis”
- 14 The Effect of Rent Asymmetries in Experimental Auction Markets
- 15 Microeconomic Systems as an Experimental Science
- 16 Experimental Economics (Reply to R. Heiner)
- 17 A Comparison of Posted-Offer and Double-Auction Pricing Institutions
- 18 Hypothetical Valuations and Preference Reversals in the Context of Asset Trading
- 19 Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets
- Part III Public Goods
- Part IV Auctions and Institutional Design
- PART V Industrial Organization
- Part VI Perspectives on Economics
19 - Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets
Published online by Cambridge University Press: 06 July 2010
- Frontmatter
- Contents
- Preface
- Acknowledgments
- Part I The Formative Years
- Part II Institutions and Market Performance
- Introduction
- 10 On Nonbinding Price Controls in a Competitive Market
- 11 An Experimental Comparison of Alternative Rules for Competitive Market Exchange
- 12 Competitive Market Institutions: Double Auctions vs. Sealed Bid-Offer Auctions
- 13 Markets as Economizers of Information: Experimental Examination of the “Hayek Hypothesis”
- 14 The Effect of Rent Asymmetries in Experimental Auction Markets
- 15 Microeconomic Systems as an Experimental Science
- 16 Experimental Economics (Reply to R. Heiner)
- 17 A Comparison of Posted-Offer and Double-Auction Pricing Institutions
- 18 Hypothetical Valuations and Preference Reversals in the Context of Asset Trading
- 19 Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets
- Part III Public Goods
- Part IV Auctions and Institutional Design
- PART V Industrial Organization
- Part VI Perspectives on Economics
Summary

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- Papers in Experimental Economics , pp. 339 - 372Publisher: Cambridge University PressPrint publication year: 1991
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