Kiyotaki Wright Hazlett Experiment
more info and code here

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number of persons
number of rounds

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predefined settings: default: strict benefit-orientated trading stubborn: only trade if you get your consumption good strategic: accept goods that are consumed by the Type that produces your consumption good social: strict benefit-orientated trading but a 25% chance to make concessions equilibrium: equal storage costs, accept all trades random: randomize all values (within reasonable bounds)

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storage costs for good A
storage costs for good B
storage costs for good C
start points
consume bonus

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probabilities for accepting a trade

person Type1 consumes A and produces B with it --> can possibly offer B or C in a trade
accepts good A good B good C

person Type2 consumes B and produces C with it --> can possibly offer A or C in a trade
accepts good A good B good C

person Type3 consumes C and produces A with it --> can possibly offer A or B in a trade
accepts good A good B good C

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probabilities for making concessions to someone: "being nice", making a trade that only the counterpart wants

person Type1
person Type2
person Type3

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  log each round:
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