用非均衡数据检验均衡预测的实验室研究

Laboratory Tests of Equilibrium Predictions with Disequilibrium Data

Review of Economic Studies · 1987
被引 42
人大 A+FT50ABS 4*

中文导读

检验了以往实验室市场研究中用非均衡数据检验均衡模型的常见做法,发现使用全部数据与仅用均衡数据会得到显著不同的检验结果。

Abstract

We examine a common practice used within previous studies of laboratory markets, testing equilibrium models using some data from markets that have not reached an equilibrium. We examine the effect of this practice when it is applied to some laboratory markets where an appreciable number of them eventually satisfied an operational definition of an equilibrium. Our data suggest that, for our markets, significantly different equilibrium test results would be obtained when using all data available in market periods analysed in previous studies rather than using only equilibrium data. For our markets, choices made in disequilibrium are quite different from those in equilibrium.

实验室市场非均衡数据均衡检验市场均衡