Title |
Posted Offer Double Market
|
Author |
Charles Holt |
|
Categories
|
Industrial Organization
Market Structure
|
Type |
Experiment Software |
Description |
This program runs a one-sided auction in which sellers post prices independently on a take-it-or-leave-it basis at the start of each market period or "round." Buyers then place orders at the posted prices. The program collects and displays price information. The "admin" module calculates the theoretical competitive price for comparison. |
URL |
http://veconlab.econ.virginia.edu/po/po.php |
