Trading in Networks: a Classroom Experiment

Paul Johnson () and Qiujie Zheng
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Paul Johnson: Department of Economics and Public Policy, University of Alaska Anchorage

No 2015-03, Working Papers from University of Alaska Anchorage, Department of Economics

Abstract: This paper describes a classroom experiment that demonstrates coordination and competition between traders in a network. Students test theoretical predictions concerning the emergence of equilibrium and the division of surplus between buyers and sellers. The experiment is appropriate for use in teaching intermediate microeconomics, industrial organization, transportation economics and game theory.

Keywords: Experimental Economics; Classroom Experiment; Trading in Networks (search for similar items in EconPapers)
JEL-codes: A22 B21 C92 (search for similar items in EconPapers)
Date: 2015-10
New Economics Papers: this item is included in nep-exp, nep-gth, nep-net and nep-pke
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Persistent link: https://EconPapers.repec.org/RePEc:ala:wpaper:2015-03

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