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The closing prices were generally consistent both with consumer sentiments culled from more traditional market research and with previous trading experiments at M.I.T.
We review past trading experiments and present 11 new experiments designed to show how the trading rate responds to alterations of the experimental procedure.
In both questionnaire studies and trading experiments with real money incentives, reference point adaptation was larger for Asians than for Americans.
He then ran a series of trading experiments, some lasting just a few minutes and some lasting an entire day, where his subjects could buy and sell the phony security.
He then ran a series of trading experiments, some lasting just a few minutes, others an entire day, during which his subjects could buy and sell the phony security.
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Morgan Stanley is on the right track by focusing on client businesses which has always been their strength and getting away from the extremely high leverage, high risk, high proprietary trading experiment that nearly killed the firm in 2007, 2008 and 2009.
But country-level and regional policy moved forward: Australia passed a carbon tax, South Korea approved carbon trading, and California just began its own trading experiment.
In free trade experiments, the welfare level of agents in one region would improve, while that of a trading partner would likely decrease.
Faced with a growing wave of undocumented immigrants as a result of the guerrilla conflicts (... remember the Contras and the Sandinistas?) in Central America and the neo-liberal trade experiments, the U.S. government in the 1990s made a conscious decision to step up deportation of undocumented immigrants back to their homelands -- mainly El Salvador, Guatemala and Honduras.
Dr. Stavins said that California's cap and trade experiment could have considerable influence abroad as well, given that its emissions are comparable to those of, say, Italy.
The majority view, as I understand it, holds that a carbon tax would also be complex to administer — that it would also be subject to abuses — and that, anyway, the cap-and-trade experiment is under way in Europe and should not be abandoned.
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