Farmers’ performance and subject pool effect in decentralized bargaining markets

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 115
Issue: 3
Pages: 366-368

Authors (2)

Waichman, Israel Ness, Christiane (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We report results from a decentralized bargaining market experiment conducted with farmers and students. Our results indicate that despite its bad reputation, performance is highly efficient (although not as efficient as the competitive equilibrium prediction). Farmers and students perform similarly regarding quantities, prices, and allocative efficiencies, but not regarding payoff allocations between buyers and sellers.

Technical Details

RePEc Handle
repec:eee:ecolet:v:115:y:2012:i:3:p:366-368
Journal Field
General
Author Count
2
Added to Database
2026-01-29