<p>Market 2001 is a piece of software Gode and Sunder wrote themselves for their work in Turbo Pascal. There is a description in</p>
<p>Gode, D. K., and Shyam Sunder. 1994. <a href="https://spinup-000d1a-wp-offload-media.s3.amazonaws.com/faculty/wp-content/uploads/sites/53/2019/06/HumanArtifi.Intellige.Gode.S.1994.pdf" rel="nofollow noreferrer">Human and artificially intelligent traders in a
double auction market: Experimental evidence.</a> In K. Carley and M. Prietula, eds.,
<em>Computational Organization Theory</em>. Erlbaum.</p>
<p>There exists software by Mark E. McBride based on the work of Gode and Sunder that is available <a href="http://www.memcbride.net/models/2014/7/11/zi-trading" rel="nofollow noreferrer">here</a>.</p>

CC BY-SA 4.0
2022-05-13T21:12:48.577Z
2022-05-13T21:12:48.577Z
Michael Greinecker
<p>I am reading <a href="https://www.jstor.org/stable/2138676" rel="nofollow noreferrer">Gode and Sunder (1993)</a>. They study the allocative efficiency of markets using a double auction mechanism where both humans and zero-intelligence computer programs are present as buyers and sellers.</p>
<p>There they have used the &quot;Market-2001&quot; software to run their experiments involving both human participants and machine traders. I searched the term on Google but couldn't find any relevant link.</p>
<p>What is this software? Is it usable now? Are there other such softwares, newer ones? Where can I find them?</p>

<experimental-economics>
Market-2001 software used in Gode and Sunder (1993)
Ishan Kashyap Hazarika
# Market-2001 software used in Gode and Sunder (1993)

(Asked by: username_0 on 2022-05-13)

I am reading [Gode and Sunder (1993)](https://www.jstor.org/stable/2138676). They study the allocative efficiency of markets using a double auction mechanism where both humans and zero-intelligence computer programs are present as buyers and sellers.

There they have used the "Market-2001" software to run their experiments involving both human participants and machine traders. I searched the term on Google but couldn't find any relevant link.

What is this software? Is it usable now? Are there other such softwares, newer ones? Where can I find them?

**Tags:** experimental-economics


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## 1 answers

### Answer by username_1 on 2022-05-13. Score: 3 | Accepted answer

Market 2001 is a piece of software Gode and Sunder wrote themselves for their work in Turbo Pascal. There is a description in

Gode, D. K., and Shyam Sunder. 1994. [Human and artificially intelligent traders in a
double auction market: Experimental evidence.](https://spinup-000d1a-wp-offload-media.s3.amazonaws.com/faculty/wp-content/uploads/sites/53/2019/06/HumanArtifi.Intellige.Gode.S.1994.pdf) In K. Carley and M. Prietula, eds.,
*Computational Organization Theory*. Erlbaum.

There exists software by Mark E. McBride based on the work of Gode and Sunder that is available [here](http://www.memcbride.net/models/2014/7/11/zi-trading).


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