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=== Market size === | === Market size === | ||
| + | the number of '''active''' traders during market activity period: | ||
| + | Small –15 or less traders, usually found in laboratory experiments. The first experiment was conducted by Plott and Sunder (1982) with 12 traders, a configuration which was later replicated in many experiments. | ||
| + | Medium – 15 – 50 traders, expected in corporate environments (Ortner, 1998) and field experiments (Polgreen et al., 2007) | ||
| + | Large – larger than 50, common in public markets (e.g. www.intrade.com, www.hubdub.com), but can also be found in corporate settings | ||
=== Market duration === | === Market duration === | ||
