Limelight on Dark Markets: Theory and Experimental Evidence on Liquidity and Information
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Economic Dynamics and Control"
DOI: 10.1016/j.jedc.2016.11.003
Abstract: We investigate how informational frictions affect trading in decentralized markets in theory and in a laboratory setting. Subjects, matched pairwise at random, trade divisible commodities that have different private values for a divisible asset with… read more here.
Keywords: information; dark markets; limelight dark; experimental evidence ... See more keywords
Reputations in mixed-role markets: A theory and an experimental test.
Sign Up to like & getrecommendations! Published in 2020 at "Social science research"
DOI: 10.1016/j.ssresearch.2019.102366
Abstract: The traditional understanding of reputation systems is that they secure trust between strangers by publicly calling out cheaters. In modern, online markets, it is increasingly common for providers of a good to also act as… read more here.
Keywords: role markets; reputations mixed; mixed role; markets theory ... See more keywords