Key differential structural characteristics of environments studied in previous market experiments have documented large divergences in their observed performance, particularly discrepancies in their convergence to expected equilibrium outcomes. We investigate why this should be so.
Dickhaut, J., Lin, S., Porter, D., & Smith, V (2010). Durability, re-trading and market performance. ESI Working Paper 10-01. Retrieved from http://digitalcommons.chapman.edu/esi_working_papers/130