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Experimental Economics
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.
Markets, Games, and Strategic Behavior
First edition published: Boston: Pearson Addison Wesley, 2007.
Quantal Response Equilibrium
Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in psychology and statistics with the Nash equilibrium approach of classical game theory. Nash equilibrium assumes precise and perfect decision making in games, but human behavior is inherently stochastic and people realize that the behavior of others is not perfectly predictable. In contrast, QRE models choice behavior as probabilistic and extends classical game theory into a more realistic and useful framework with broad applications for economics, political science, management, and other social sciences. Quantal Response Equilibrium spans the range from basic theoretical fo...
Intuitive Rebel
In his dynamic book Intuitive Rebel: Tuning in to Voice That Matters, Charles Holt describes the Voice as one's most precious possession--an innate gift that holds the keys to our greatest achievement and our greatest potential. For those of us who can hear and understand it, the divine truth spoken through the Voice can gracefully lead us through life's mazes, helping us understand the powerful meaning behind our challenges, our victories, and ourselves. Charles Holt takes us on a journey within, showing us how to recognize this voice of inspiration by delving into Universal principles such as Excellence, Community, Freedom, Forgiveness, and Service. Holt's teachings--combined with poignant...
Charles@afghanistan
The stories in this book that will frighten readers, or bring a tear to their eyes--but they will also make readers gasp for air and wipe away tears of laughter. This story of a good old boy from the South East Texas Piney Woods is told in a series of e-mails he sent home to family and friends to document his experiences as a "stranger in a strange land."
Capturing the City
"The St. Louis Street Department in 1900-1930 took thousands of photos to document municipal challenges and improvements, inadvertently capturing detailed scenes of everyday life. The images reveal the national trend among cities to use the camera as a documentary tool, and they showcase the city of St. Louis at the turn of the century"--
Someone Like Me
In a world torn apart by hatred and fear, only the strongest will survive. Nobody knows where they came from. Nobody knows what they want. The creatures are killing humans for meat and nobody, it seems, can stop them. Now one man - a hunter by trade - has trapped one of the creatures. Under the ground, they face each other. And only one of them will get out alive.
Silt Road
At the foot of a chalk hill a stream rises in a silent copse, and is soon lost under the car parks and streets of the town its waters once gave life to. Captivated by the fate of this forgotten stream Charles Rangeley-Wilson sets out one winter’s day to uncover its story. Distilled into the timeless passage of the river’s flow, buried under the pavements that cover meadow, marsh and hill he finds dreamers and visionaries, a chronicle of paradises lost or never found, men who shaped the land and its history.
Behavioural and Experimental Economics
Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
