Experimental Economics: How We Can Build Better Financial Markets (Paperback)

Foreword by Vernon L.Smith.

Preface.

Acknowledgments.

Chronology of Major Events.

PART I: BUBBLES AND EXPERIMENTS.

1. Wind Tunnel Markets.

2. Bargain Hunting.

3. A Tale of Two Smiths.

4. Bubbles in the Lab.

5. Bubbles in the Wild.

PART II: INSIDE MARKETS: OPTIONS, INFORMATION, AND LIQUIDITY.

6. Black Monday.

7. All the World's an Option.

8. The Invisible Hand Discovers Prices.

9. Sending Signals and Keeping Score.

10. It All Comes Down to Money.

PART III: GRIDLOCK AND THE ROAD TO SMART MARKETS.

11. The Market Is Tied Up in Knots.

12. Making Markets Intelligent.

13. The Smart Auction Block.

14. Good Intentions.

Notes.

Bibliography.

Index.