Parameters For Economics Experiment

September 29, 1999

There were 20 people. Each was assigned a type (Type 1,2,3,4,5,6). The assignments were:

id   type
101  1
102  4
103  2
104  5
105  3
106  6
107  1
108  4
etc... 120. There were one type 1, two type 4 and one type 6 participants
not actively trading.

The private orders of each type were sent every seven minutes. The order prices were as follows:

BUYER TYPE: PRIVATE PRICES
TYPE 1: 205, 170, 110, 100
TYPE 2: 200, 145, 105, 100
TYPE 3: 205, 195, 120, 105

SELLER TYPE: PRIVATE PRICES
TYPE 4: 65, 100, 160, 165
TYPE 5: 70, 125, 165, 170
TYPE 6: 65,  75, 150, 165

For the first 42 minutes (the first six sets of private orders) the private order prices were as above. Starting with the seventh set of private orders, 35 francs was added to each of the prices above.