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

小行星9730176 该项目探讨了实验市场的性质，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。 市场的数量将从目前研究中典型的最多两三个市场增加到几十个市场。 用于实验的时间将从两三个小时增加到几天甚至几周。 受试者的数量将从目前实验室实验的十几个增加到几百个。 有目的的研究消除了限制，通过实验室实验方法研究开辟了新的经济现象，开发了新的方法，并提高了实验室实验结果与应用目的的相关性。 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。 虽然有目的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”，而不是在大环境中的各种不同实验中用于定向。 这一阶段集中在三个领域的实验室实验的利益在自己的权利：单一市场的平衡，信息汇总和多个市场（一般均衡）系统。 第二阶段主要取决于第一阶段。 一旦更好地理解有限时间、范围和规模的一些可能影响，并建立起锚实验，将涉及全新的研究课题和变量。 古典理论和应用理论都涉及多个市场、相互依赖和多个组织的相互作用。 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。 下一个阶段是创造它们。 一些具体的主题是：多种货币和一般均衡;价格控制;信息聚合;一般均衡实验中的局部非凸性;网络系统和智能市场;和竞争组织。 ??

9730176 Plott This project explores 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 number of markets will be increased from the two or three market maximum, typical of current studies, to dozens of markets. The time devoted to an experiment will be increased from two or three hours to days and possibly weeks. The number of subjects will be increased from the dozen or so typical of current laboratory experiments to several hundred. The purposed research 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 first phase of research involves the creation of large scale/scope experiments that incorporate critical aspects of well researched, small scale experiments. While the purposed large scale experiments are substantially new, the links to previous work will make them "anchors" than can be used for orientation in a variety of different experiments in large environments. This phase concentrates on three areas of laboratory experimentation of interest in their own right: single market equilibration, information aggregation and multiple market (general equilibrium) systems. The second phase depends importantly on the first phase. Completely new research topics and variables will be addressed, once some of the possible influences of limited time, scope and scale are better understood and the anchor experiments have been established. Both classical theory and applied theory involve the interaction of multiple markets, interdependencies and multiple organizations. However, experimentation on such topics has been limited because appropriate environments could not have been created. This next phase creates them. Some of the specific topics to be explored are: multiple moneys and general equilibrium; price controls; information aggregation; local non-convexities in general equilibrium experiments; networked systems and smart markets; and competing organizations. ??