Experimental Investigations of Laboratory Markets Under Conditions of Substantially Increased Time Frame, Scope and Scale

时间范围、范围和规模大幅增加的条件下实验室市场的实验调查

• 批准号: 9987352
• 负责人: Charles Plott
• 金额: $ 14.38万
• 依托单位: California Institute of Technology
• 依托单位国家: 美国
• 项目类别: Standard Grant
• 财政年份: 2000
• 资助国家: 美国
• 起止时间: 2000-05-01 至 2002-10-31
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=9987352&HistoricalAwards=false
• 关键词: Experimental; Investigations; Laboratory; Markets; Under

The project continues an exploration of the properties of experimental markets that operate on a time frame, scope and scale substantially beyond market systems that have been studied to date. Advances in technology, coupled with significant scientific progress, have made possible the implementation and control of laboratory experiments that could not be imagined a few years ago. The NSF funded project, which was initiated in late 1997, increased the number of markets operating in the software during an experiment from the two or three market maximum, typical of current studies, to over two hundred and the number could be increased many multiples of that number. The time devoted to an experiment was increased from two or three hours to two days but the technology and methodology could support experiments that last weeks. The number of subjects was to be increased from the dozen or so typical of current laboratory experiments to ninety in an actual experiment but the technology could support thousands. The research purposed removes constraints, opens new economic phenomena for study by laboratory experimental methods, develops new methodology and enhances the relevance of laboratory experimental results for applied purposes.The research is focused on three broad objectives. The first is to initiate a process of identifying and classifying the roles of market time frames, scope and scale in shaping market behavior. The first phases of research involve the creation of large scale/scope experiments that incorporate critical aspects of well-researched, small-scale experiments. While the proposed large-scale experiments are substantially new, the links to previous work will make them 'anchors' that can be used for orientation in a variety of different experiments in large environments. The second, and major objective is to open for scientific inquiry issues that cannot be studied within the context of existing technology, methodology and scale of operation. Completely new research topics and variables will be addressed as the possible influences of limited time, scope and scale are better understood. Both classical theory and applied theory involve the interaction of multiple markets, interdependencies, information asymmetries and mixed institutions including multiple organizations. However, experimentation on such topics has been limited because appropriate environments could not be created. The research project will create them, interpret the experimental implementation and analyze the results. The third objective is to develop the methodologies, procedures and technologies needed to support such experiments. The basic technology and management have been demonstrated as feasible but many issues remain. Subject screens, information feedback and general decision making environments, when operating in complex experiments, require research. Data displays and new methods of viewing results of experiments are also needed to facilitate the analysis from the new data source. Additional experimental management technology is needed, especially if the methodology is to pass the test of portability to other experimentalists.

该项目继续探索实验市场的性质，这些市场在时间框架、范围和规模上的运作大大超出了迄今为止所研究的市场体系。技术的进步，再加上重大的科学进步，使几年前无法想象的实验室实验的实施和控制成为可能。美国国家科学基金会资助的项目于1997年底启动，在实验期间增加了该软件运行的市场数量，从当前研究中典型的两到三个市场最大值增加到超过二百个，并且这个数量可以增加许多倍。该数字。用于实验的时间从两三个小时增加到两天，但技术和方法可以支持持续数周的实验。受试者的数量将从目前实验室实验的十几个增加到实际实验中的九十个，但该技术可以支持数千人。本研究旨在消除限制，通过实验室实验方法研究新的经济现象，开发新的方法，并提高实验室实验结果的实用性。第一是启动一个进程，确定和分类市场时间框架、范围和规模在塑造市场行为方面的作用。研究的第一阶段涉及创建大规模/范围实验，其中包括经过充分研究的小规模实验的关键方面。虽然拟议中的大规模实验基本上是新的，但与以前工作的联系将使它们成为“锚”，可用于大型环境中各种不同实验的定向。 第二个也是主要的目标是，对在现有技术、方法和运作规模范围内无法研究的问题进行科学探究。全新的研究课题和变量将被解决作为有限的时间，范围和规模的可能影响更好地理解。古典理论和应用理论都涉及到多个市场的相互作用、相互依赖、信息不对称和包括多个组织在内的混合制度。然而，由于无法创造适当的环境，关于这些专题的实验受到限制。该研究项目将创建它们，解释实验实施并分析结果。第三个目标是开发支持此类实验所需的方法、程序和技术。基本技术和管理已被证明是可行的，但仍存在许多问题。主题屏幕，信息反馈和一般的决策环境，在复杂的实验操作时，需要研究。还需要数据显示和查看实验结果的新方法，以促进新数据源的分析。额外的实验管理技术是必要的，特别是如果该方法是通过测试的便携性，以其他实验。