Bayesian equilibrium in double auctions populated by biased heuristic traders

Journal of Economic Behavior and Organization

Volumn 31, Issue 2, 1996, Pages 273-291

  Jamal, Karim ^a   Sunder, Shyam ^b  

^a UNIVERSITY OF ALBERTA   (Canada)

^b CARNEGIE MELLON UNIVERSITY   (United States)

Author keywords

Aggregate market rationality; Bayesian equilibrium; Double auction; Representativeness heuristic; Zero intelligence trader

Indexed keywords

EID: 0030295516     PISSN: 01672681     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0167-2681(96)00892-X     Document Type: Article

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