Miller, Ross M.

Experimental economics : how we can build better financial markets / How we can build better financial markets Ross M. Miller ; foreword by Vernon L. Smith. - New York : Wiley, c2002. - xxii, 314 p. : ill. ; 23 cm.

Originally published: Paving Wall Street : experimental economics and the quest for the perfect market. New York : Wiley, c2002. "Chronology of major events": p. xix-xxii.

Includes bibliographical references (p. [287]-302) and index.

Bubbles and experiments: Wind tunnel markets; Bargain hunting; A tale of two Smiths; Bubbles in the lab; Bubbles in the wild -- Inside markets, options, information, and liquidity: Black Monday; All the world's an option; Invisible hand discovers prices; Sending signals and keeping score; It all comes down to money -- Gridlock and the road to smart markets: Market is tied up in knots; Making markets intelligent; Smart auction block; Good intentions.

An account of the new developments in economics: the scientific roots of modern finance and modern financial institutions; and the complex economic principles that govern our world of finance--P. [4] of cover.

0471706256 (pbk.)


Stock exchanges.
Options (Finance)
Capital market.
Experimental economics.
Economics.

332.642