An Experimental Test of the Baumol Tobin Transactions Demand for Money
通过模拟鲍莫尔和托宾的交易性货币需求理论环境，观察真实受试者的行为，发现他们虽未完全学会理性行为公理，但试错和有限理性仍产生了接近理论预测的结果，支持西蒙的有限理性观点。
Historically generated data do not allow a clean test of any particular money dema nd theory. By creating the artificial environment analyzed by William Baumol and James Tobin's work on the transactions demand for money, one can observe how real people pursuing real rewards behave in that environment. Baumol and Tobin assumed people were sufficiently rational to learn four axioms of rational behavior. The authors' subjects learned only three. However, trial and error methods, plus subjects' limited rationality, did produce results similar to the Baumol-Tobin predictions. This supports the need to weaken the definition of rationality in the manner suggested by Herbert Simon. Copyright 1988 by Ohio State University Press.