Comparing Oral and Electronic Double Auction Markets: An Experimental Approach

Clark A. Roberts and D. Lynn Forster

No 278101, 1986 Annual Meeting, July 27-30, Reno, Nevada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The performances of electronic and double auction markets are compared. Experimental markets are conducted, with replication, using electronic and oral double auctions. Performance measures incorporate price levels, price stability, and quantities traded. Performance measures are significantly higher for electronic than oral markets.

Keywords: Marketing; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 15
Date: 1986-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea86:278101

DOI: 10.22004/ag.econ.278101

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