Methods in Experimental Economics

Methods in Experimental Economics
Author: Joachim Weimann
Publisher: Springer
Total Pages: 317
Release: 2019-07-12
Genre: Business & Economics
ISBN: 3319933639

This textbook provides a hands-on and intuitive overview of the methodological foundations of experimental economics. Experimental economic research has been an integral part of economic science for quite some time and is gaining more and more attention in related disciplines. The book addresses the design and execution of experiments, the evaluation of experimental data and the equipment of an experimental laboratory. It illustrates the challenges involved in designing and conducting experiments and helps the reader to address them in practice.

Experimental Economics

Experimental Economics
Author: Nicolas Jacquemet
Publisher: Cambridge University Press
Total Pages: 475
Release: 2018-11-29
Genre: Business & Economics
ISBN: 1107060273

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.

The Methodology of Experimental Economics

The Methodology of Experimental Economics
Author: Francesco Guala
Publisher: Cambridge University Press
Total Pages: 302
Release: 2005-08-01
Genre: Business & Economics
ISBN: 1107320860

The experimental approach in economics is a driving force behind some of the most exciting developments in the field. The 'experimental revolution' was based on a series of bold philosophical premises which have remained until now mostly unexplored. This book provides the first comprehensive analysis and critical discussion of the methodology of experimental economics, written by a philosopher of science with expertise in the field. It outlines the fundamental principles of experimental inference in order to investigate their power, scope and limitations. The author demonstrates that experimental economists have a lot to gain by discussing openly the philosophical principles that guide their work, and that philosophers of science have a lot to learn from their ingenious techniques devised by experimenters in order to tackle difficult scientific problems.

Experimental Methods

Experimental Methods
Author: Daniel Friedman
Publisher: Cambridge University Press
Total Pages: 252
Release: 1994-01-28
Genre: Business & Economics
ISBN: 9780521456821

This primer is the first hands-on guide to the physical aspects of conducting experiments in economics.

Experimental Economics

Experimental Economics
Author: Douglas D. Davis
Publisher: Princeton University Press
Total Pages: 586
Release: 2021-07-13
Genre: Business & Economics
ISBN: 0691233373

A small but increasing number of economists have begun to use laboratory experiments to evaluate economic propositions under carefully controlled conditions. Experimental Economics is the first comprehensive treatment of this rapidly growing area of research. While the book acknowledges that laboratory experiments are no panacea, it argues cogently for their effectiveness in selected situations. Covering methodological and procedural issues as well as theory, Experimental Economics is not only a textbook but also a useful introduction to laboratory methods for professional economists. Although the authors present some new material, their emphasis is on organizing and evaluating existing results. The book can be used as an anchoring device for a course at either the graduate or advanced undergraduate level. Applications include financial market experiments, oligopoly price competition, auctions, bargaining, provision of public goods, experimental games, and decision making under uncertainty. The book also contains instructions for a variety of laboratory experiments.

The Handbook of Experimental Economics

The Handbook of Experimental Economics
Author: John H. Kagel
Publisher: Princeton University Press
Total Pages: 742
Release: 2020-05-05
Genre: Business & Economics
ISBN: 0691213259

This book, which comprises eight chapters, presents a comprehensive critical survey of the results and methods of laboratory experiments in economics. The first chapter provides an introduction to experimental economics as a whole, with the remaining chapters providing surveys by leading practitioners in areas of economics that have seen a concentration of experiments: public goods, coordination problems, bargaining, industrial organization, asset markets, auctions, and individual decision making. The work aims both to help specialists set an agenda for future research and to provide nonspecialists with a critical review of work completed to date. Its focus is on elucidating the role of experimental studies as a progressive research tool so that wherever possible, emphasis is on series of experiments that build on one another. The contributors to the volume--Colin Camerer, Charles A. Holt, John H. Kagel, John O. Ledyard, Jack Ochs, Alvin E. Roth, and Shyam Sunder--adopt a particular methodological point of view: the way to learn how to design and conduct experiments is to consider how good experiments grow organically out of the issues and hypotheses they are designed to investigate.

Handbook of Research Methods and Applications in Experimental Economics

Handbook of Research Methods and Applications in Experimental Economics
Author: Arthur Schram
Publisher: Edward Elgar Publishing
Total Pages: 437
Release: 2019
Genre: Business & Economics
ISBN: 1788110560

This volume offers a comprehensive review of experimental methods in economics. Its 21 chapters cover theoretical and practical issues such as incentives, theory and policy development, data analysis, recruitment, software and laboratory organization. The Handbook includes separate parts on procedures, field experiments and neuroeconomics, and provides the first methodological overview of replication studies and a novel set-valued equilibrium concept. As a whole, the combination of basic methods and current developments will aid both beginners and advanced experimental economists.

Handbook of Experimental Economics Results

Handbook of Experimental Economics Results
Author: Charles R. Plott
Publisher: Elsevier
Total Pages: 1175
Release: 2008-08-21
Genre: Business & Economics
ISBN: 0444826424

While the field of economics makes sharp distinctions and produces precise theory, the work of experimental economics sometimes appears blurred and may produce uncertain results. The contributors to this volume have provided brief notes describing specific experimental results.

Experimental Economics

Experimental Economics
Author: Nicolas Jacquemet
Publisher: Cambridge University Press
Total Pages: 475
Release: 2018-11-29
Genre: Business & Economics
ISBN: 1108660495

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.