MRET Experiment Participant Instructions -
Retailer
Introduction to the Retailer Trading Screen
After login, you will be presented with a trading screen. A full
trading screen is shown below. The trading screens used in this
experiment can appear rather busy at first inspection, so we will
introduce it to you piece by piece.
Example of a Complete Retailer Trading Screen

Time, Date and Money
The top of the screen shows the current experimental date and
the number of days to the next customer delivery date (31st
December).
Next to this is your current cash balance. It is on this number
that your cash performance payment will be calculated at the end
of the experiment.
The "Your Customer" panel (repeated below) shows you
the price and quantity of units wanted by your
"automatic" customer at the end of the year. In this
case, the retailer has a "automatic customer" with a
firm order of 2,000 units, and committed to paying $57 per unit on
31st December. In this example there is also a penalty for not
meeting the customer order.
The "Units At Shop" shows the number of units you
currently possess. In this case, the retailer has 0 Units in their
"shop".
Since their customer is committed to buying 2,000 Units, it means
this retailer is currently seeking to buy 2,000 units before the end
of the year.
The "Last Traded Price" shows the last price at which
Units were bought or sold ANYWHERE in the market - between ANY two
participants.
When you have read the above, please proceed to the next page.
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Last Modified: 18 October 2007
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