Experiments With Economic Principles

Part 1: competitive markets supply and demand shifting supply and demand. Part 2: market intervention and public plicy sales taxes prohibition minimum wages. Part 3: imperfect markets externalities monopolies and cartels. Part 4: firms and technology entry and exit measuring productivity comparative advantage. Part 4: information auction and bargaining adverse selection auctions bargaining.

[1]  E. Chamberlin,et al.  An Experimental Imperfect Market , 1948, Journal of Political Economy.

[2]  Vernon L. Smith Experimental Economics at Purdue , 1981 .

[3]  V. Smith An Experimental Study of Competitive Market Behavior , 1962, Journal of Political Economy.