Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Technical note
-
Reference no. UVA-G-0593
Published by: Darden Business Publishing
Originally published in: 2007
Version: September 2007
Length: 5 pages
Data source: Field research

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.

Related