A NOTE ON A SIMULATED STOCK MARKET
Decision SciencesPublished 1 January 1970
Martín Shubik
Citations6
SJR quartileQ1
SJR score1.62
SNIP1.46
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Abstract
ABSTRACT This article describes the design of a stock market exercise to be run with a business game (or a simulated business game). It reports on an exercise in which around 100 traders participated in a market, trading four stocks. The results obtained are reported: however, the work was primarily a feasibility study to see if very large group behavior could be studied in a controlled experiment. The experience gleaned from the experiment indicates that this is a fruitful approach.
Keywords
Social SciencesEconomics, Econometrics and Finance