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                        Santa Fe Institute's
         D O U B L E   A U C T I O N   T O U R N A M E N T


                           9.1 REFERENCES
                           --------------

This list provides some bibliography for those interested in pursuing
further the previous work on Double Auctions and related topics. See reference
by Rust, Palmer and Miller (available as Santa Fe Institute working paper,
hardcopy but no Email version) for a basic overview of Double Auctions,
existing analysis of strategies in Double Auctions, and basic motivation
for the Double Auction tournament.


Axelrod, R. (1984) The Evolution of Cooperation (Basic
Books; New York).

Easley, D. and Ledyard, J. (1986) "Theories of Price
Formation and Exchange in Double Oral Auctions" Social
Science Working Paper 611, California Institute of Technology.

Dorsey, R.E. (1988) "Estimation and Simulation of the Double
Auction" discussion paper for the ESA meeting, Department of
Economics, University of Arizona.

Plott, C.R. (1982) "Industrial Organization Theory
and Experimental Economics" Journal of Economic
Literature 20, 1485-1527.

Plott, C.R. (1989) "An Updated Review of Industrial Organization
Applications of Experimental Methods", California Institute of
Technology.

Rust, J., Palmer, R.G., and Miller, J.H. (1989) "A Double Auction
Market for Computerized Traders" Santa Fe Institute Working Paper.

Smith, V.L. (1962) "An Experimental Study of Competitive
Market Behavior" Journal of Political Economy 70,
111-137.

Smith, V.L. (1976) "Bidding and Auctioning
Institutions: Experimental Results" in Bidding and
Auctioning for Procurement and Allocation, ed. Y. Amihud,
43-64 (New York, New York University Press) .

Smith, V. L. (1982a) "Microeconomic Systems as an
Experimental Science" American Economic Review 54,
923-955.

Smith, V.L. (1982b) "Competitive Market Institutions:
Double Auctions vs. Sealed Bid-Offer Auctions" American
Economic Review 72, 58-77.

Smith, V.L., Suchanek, G.L., and Williams, A.L. (1989)
"Bubbles, Crashes and Endogenous Expectations in
Experimental Spot Asset Markets" Econometrica.

Waldspurger, C.A., Hogg, T., Huberman, B.A., Kephart, J.O.,
and Stornetta, S. (1989) "SPAWN: A Distributed Computational
Economy" Xerox System Science Laboratory preprint P89-00025,
Palo Alto.

Wilson, R. (1984) "On Equilibria of Bid-Ask Markets"
Technical Report 452, Stanford University.

Wilson, R. (1985) "Efficient Trading" in Issues in
Contemporary Economics and Welfare, ed. G. Feiwell, 169-208
(State University of New York Press, Albany, New York).

