Over the past two decades, experimental economics has moved from a fringe activity to become a standard tool for empirical research. With experimental economics now regarded as part of the basic tool-kit for applied economics, this book demonstrates how controlled experiments can be a useful in providing evidence relevant to economic research. Professors Jacquemet and L'Haridon take the standard model in applied econometrics as a basis to the methodology of controlled experiments. Methodological discussions are illustrated with standard experimental results. This book provides future experimental practitioners with the means to construct experiments that fit their research question, and new comers with an understanding of the strengths and weaknesses of controlled experiments. Graduate students and academic researchers working in the field of experimental economics will be able to learn how to undertake, understand and criticise empirical research based on lab experiments, and refer to specific experiments, results or designs completed with case study applications.
We know from Pareto's correspondence that it was his express goal to make economics an independent discipline ... Edgeworth's research program could only have been feasible if it had been possible to examine the nature of utility.
V. Smith , “ Auctions , ” forthcoming in J. Eatwell , et al . ( eds . ) , The New Palgrave : A Dictionary of Economics ( New York : The Stockton Press , 1987 ) . 2. J. Cox , B. Roberson , and V. Smith , “ Theory and Behavior of Single ...
To an economist, it is irresistible to take an approach to culture that anthropologists call “functionalist” – viz., try to understand a culture and its persistence by asking whether it enhances economic efficiency or worker ...
This book, which comprises eight chapters, presents a comprehensive critical survey of the results and methods of laboratory experiments in economics.
Because cross cultural differences are of interest, RPOZ take care with their experimental design to control for ... He compliments RPOZ for demonstrating the usefulness of experimental economics in examining cultural effects.
The most active experimental economists contributed to this volume: Besides the editor of this volume there are to mention P. Bohm, P. Burrows and G. Loomes, G.W. Harrison, S.S. Lim, E.C. Prescott and S. Sunder, A.E. Roth, P. Sbriglia.
Financial Decision-Making: Are Women Really More Risk Averse? ... The Journal of Abnormal and Social Psychology 65(1): 68–71. ———. 1964. ... In K. Gideon and G. Wu, eds., Wiley-Blackwell Handbook of Judgment and Decision Making.
This volume on experimental economics offers both new research grounds and a bird’s eye view on the field.
Since participants are free to write or say whatever they want, there are several norms for free-form communication in economic laboratory experiments: participants are not allowed to express threats outside the laboratory or reveal ...
Coppinger , V.M. , Smith , V.L. , and Titus , J.A. ( 1980 ) “ Incentives and behavior in English , Dutch and sealed ... Harstad , R. and Rothkopf , M.H. ( 2000 ) “ An alternating recognition model of English auctions , " Management ...