Competitive Exchange and Information Aggregation in         Computerized Environments
{'Code': '04050100', 'Directorate': {'Abbreviation': 'SBE', 'LongName': 'Direct For Social, Behav & Economic Scie'}, 'Division': {'Abbreviation': 'SES', 'LongName': 'Divn Of Social and Economic Sciences'}}
{'SignBlockName': 'Daniel H. Newlon', 'PO_EMAI': None, 'PO_PHON': None}
This research uses laboratory experimental methods to study                     behavior in a variety of computerized economic decision-making                  environments.  All of the experiments use human subjects acting                 under a cash reward structure.  The resulting experimental data                 are used to evaluate the predictive ability of models of                        individual and aggregate market behavior as well as the                         sensitivity of market outcomes to variations in the institutional               rules that define the structure of market information flows.                                                                                                    The performance of three distinct trading institutions (double                  auction, posted offer, and sealed bid-offer auction) are studied                in markets where the competitive equilibrium is nonstationary.                  Other topics of inquiry include: the effects of introducing short               selling opportunities into asset markets where speculative "price               bubbles" are regularly observed; the ability of asset markets to                convey and aggregate asymmetric information regarding the                       intrinsic value of the asset; tests of the competitive model                    using a "hostile" parameterization of an experiment where two                   demand-interdependent commodities are traded concurrently via the               double-auction institution.
{'FirstName': 'Arlington', 'LastName': 'Williams', 'PI_MID_INIT': 'W', 'PI_SUFX_NAME': None, 'PI_FULL_NAME': 'Arlington W Williams', 'EmailAddress': None, 'NSF_ID': '000226254', 'StartDate': '06/01/1988', 'EndDate': None, 'RoleCode': 'Principal Investigator'}
{'Name': 'Indiana University', 'CityName': 'BLOOMINGTON', 'ZipCode': '474057000', 'PhoneNumber': '3172783473', 'StreetAddress': '107 S INDIANA AVE', 'StreetAddress2': None, 'CountryName': 'United States', 'StateName': 'Indiana', 'StateCode': 'IN', 'CONGRESSDISTRICT': '09', 'CONGRESS_DISTRICT_ORG': 'IN09', 'ORG_UEI_NUM': 'YH86RTW2YVJ4', 'ORG_LGL_BUS_NAME': 'TRUSTEES OF INDIANA UNIVERSITY', 'ORG_PRNT_UEI_NUM': 'YH86RTW2YVJ4'}
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{'Code': '1320', 'Text': 'Economics'}
{'url': 'https://www.nsf.gov/awardsearch/download?DownloadFileName=1987&All=true', 'xml': '8722444.xml'}