交易制度与市场环境的匹配——交易规则的实验研究综述及实例

Matching of Market Institution and Market Environment:An Experimental Summary of the Trading Rules and Example

交易制度应与市场环境相匹配,经济现实中如此,实验设计中亦是如此。文章首先基于市场制度与市场环境匹配理论对相关实验进行了概述,随后对不同交易环境下交易制度的变化做了综述,并选择与买方有权搜寻其他选择的市场环境相对应的有搜寻交易制度作为重点,对已有文献进行了详细梳理,最后报告了一项已经开展的以搜寻为基础的交易制度实验研究实例,阐明了在实例中选取以顺序搜寻为基础的"接受否则拒绝"交易制度的研究思路、实验设计和实验结果。

The trading institution should match with the market environment. That＇ s true in the experimental design as well as economic reality. First of all, based on the matching theory between institution and environment in the market, this paper summarize the relevant experiments and the change of trading institution in different trading environment. We take the searching trade institution as a key corresponding with market environment that the buyer has the right to search for other options, and show literatures in details. Finally, an experimental example, which includes research ideas, experimental design and experimental results, is reported basing on searching for others options and trading institution of ＂take it or leave it＂