Subject category:
Strategy and General Management
Published by:
Darden Business Publishing
Version: September 2007
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Abstract
This technical note explains the intuition and analytics behind the class experiment that is commonly called ''trading in a pit.'' Following the experiment, we derive supply and demand, and discuss market efficiency. This note is part of the refresher course in Economics at Darden.
About
Abstract
This technical note explains the intuition and analytics behind the class experiment that is commonly called ''trading in a pit.'' Following the experiment, we derive supply and demand, and discuss market efficiency. This note is part of the refresher course in Economics at Darden.