Below are links to a sample of papers that have employed FTS. The list is not complete; if you know of other papers, or you have written a paper and would like it to be included, please contact us and we will add it.

Dynamic Stock Markets with Multiple Assets: An Experimental Analysis by John O'Brien and Sanjay Srivastava; Journal of Finance December/1991

Using Trading Simulations to Teach Market Microstructure Concepts by Asli Ascioglu and Lynn Phillips Kugele

Bubbles in Experimental Asset Markets: Irrational Exuberance No More by Lucy F. Ackert, Narat Charupat, Bryan K. Church, Richard Deaves

Volatility in Returns from Trading by Richard Heaney, Douglas F. Foster,Shirley Gregor, Terry O'Neill, Wood Robert

An Experimental Test of the Impact of Overconfidence and Gender on Trading Activity by Richard Deaves, Erik Lueders, Guo Ying Luo

Online Share Trading: An Experimental Study of Naïve Traders and the Impact of Groups by Richard Heaney, F. Douglas Foster, Shirley Gregor, Terry O’Neill, Robert Wood

The Origins of Bubbles in Laboratory Asset Markets by Lucy F. Ackert, Narat Charupat, Richard Deaves, Brian Kluger