Title |
Beans as a Medium of Exchange
|
Author |
Harold O. Fried and Daniel Levy |
|
Category
|
Macroeconomics and Monetary Economics
|
Type |
Non-computerized experiment |
Description |
The experiment is designed to simulate an environment where something that is very similar to fiat money (i.e., is homogeneous, durable, portable, storable, divisible, has no intrinsic value of its own, etc.) will be accepted in market transactions and thus will have a "value." |
URL |
http://mcnet.marietta.edu/~delemeeg/expernom/s92.html#fried1 |
Home URL |
http://mcnet.marietta.edu/~delemeeg/expernom.html |
