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Experimental Markets Using the Electronic Market Place (EMP)
Published online by Cambridge University Press: 28 April 2015
Abstract
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.
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- Copyright © Southern Agricultural Economics Association 1998
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