An Economics Experiment Analyses on Chinese Stock Market
Hongwei Gao · Journal of Qingdao University · 2004
The analyses to economic systems were extended to fields of cooperative games. A process and main results of an economics experiment in cooperative games were introduced by using the method of economics experiments. There was deviation between participants' behavior and theoretical anticipation. The main reason to cause the deviation was players' demands for fairness. Compared experimental data with weight Banzhaf-coleman value and Shapley value, it showed that there was perfect consistency between experimental outcomes and theoretical solutions by introducing concept of weight Banzhaf-Coleman value.