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SOE: Fachverband Physik sozio-ökonomischer Systeme

SOE 9: Economic Models II

SOE 9.1: Vortrag

Dienstag, 13. März 2018, 10:15–10:45, MA 001

Market Dynamics: Evidence from Lab Experiments — •Heinrich H. Nax — ETHZ; Clausiusstr 37 C3; 8092 Zurich

We discuss old and new evidence from controlled lab and online experiments concerning market dynamics. We discuss common features of human decision-making, and the resulting convergence properties of such behaviorally founded models. Particular attention is paid to equilibrium and out-of-equilibrium dynamics.