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Replication data for: Sunspots in the Laboratory

Version
V0
Resource Type
Dataset
Creator
  • Duffy, John
  • Fisher, Eric O'N.
Publication Date
2005-06-01
Description
  • Abstract

    We show that extrinsic or nonfundamental uncertainty influences markets in a controlled environment. This work provides the first direct evidence of sunspot equilibria. These equilibria require a common understanding of the semantics of the sunspot variable, and they appear to be sensitive to the flow of information. Sunspots always occur in a closed-book call market, but they happen only occasionally in a double auction, where inframarginal bids and offers are observable.
Availability
Download
Relations
  • Is supplement to
    DOI: 10.1257/0002828054201350 (Text)
Publications
  • Duffy, John, and Eric O’N Fisher. “Sunspots in the Laboratory.” American Economic Review 95, no. 3 (May 2005): 510–29. https://doi.org/10.1257/0002828054201350.
    • ID: 10.1257/0002828054201350 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-06

Duffy, John; Fisher, Eric O'N. (2005): Replication data for: Sunspots in the Laboratory. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E116049