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Handbook of Experimental Economics Results
  • Language: en
  • Pages: 1175

Handbook of Experimental Economics Results

  • Type: Book
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  • Published: 2008-08-21
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  • Publisher: Elsevier

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.

Local Telephone Exchanges, Regulation and Entry/ Charles R. Plott, Simon Wilkie
  • Language: en
  • Pages: 42

Local Telephone Exchanges, Regulation and Entry/ Charles R. Plott, Simon Wilkie

  • Type: Book
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  • Published: 1995
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  • Publisher: Unknown

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Experimental Methods
  • Language: en
  • Pages: 252

Experimental Methods

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

The Limits of Rationality
  • Language: en
  • Pages: 436

The Limits of Rationality

Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources. Psychology has repeatedly challenged the rational choice paradigm with persuasive evidence that people do not always make the optimal choice. Yet the paradigm has proven so successful a predictor that its use continues to flourish, fueled by debate across the social sciences over why it works so well. Intended to introduce novices to rational choice theory, this accessible, interdisciplinary book collects writings by leading researchers. The Limits of Rationality illuminates the rational choice paradigm of social and political behavior itself, id...

Uncertain Decisions
  • Language: en
  • Pages: 360

Uncertain Decisions

Uncertain Decisions: Bridging Theory and Experiments presents advanced directions of thinking on decision theory - in particular the more recent contributions on non-expected utility theory, fuzzy decision theory and case-based theory. This work also provides theoretical insights on measures of risk aversion and on new problems for general equilibrium analysis. It analyzes how the thinking that underlies the theories described above spills over into real decisions, and how the thinking that underlies these real decisions can explain the discrepancies between theoretical approaches and actual behavior. This work elaborates on how the most recent laboratory experiments have become an important source both for evaluating the leading theory of choice and decision, and for contributing to the formation of new models regarding the subject.

The Making of Experimental Economics
  • Language: en
  • Pages: 251

The Making of Experimental Economics

  • Type: Book
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  • Published: 2015-11-05
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  • Publisher: Springer

This book is the transcript of a witness seminar on the history of experimental economics, in which eleven high-profile experimental economists participated, including Nobel Laureates Vernon Smith, Reinhard Selten and Alvin Roth. The witness seminar was constructed along four different topics: skills, community, laboratory, and funding. The transcript is preceded by an introduction explaining the method of the witness seminar and its specific set-up and resuming its results. The participants' contribution and their lively discussion provide a wealth of insights into the emergence of experimental economics as a field of research. This book was awarded with best book prize of the European Society for the History of Economic Thought (ESHET) in 2018.

The Oxford Handbook of Public Choice
  • Language: en
  • Pages: 985

The Oxford Handbook of Public Choice

  • Type: Book
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  • Published: 2019
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  • Publisher: Unknown

"This two-volume collection provides a comprehensive overview of the past seventy years of public choice research, written by experts in the fields surveyed. The individual chapters are more than simple surveys, but provide readers with both a sense of the progress made and puzzles that remain. Most are written with upper level undergraduate and graduate students in economics and political science in mind, but many are completely accessible to non-expert readers who are interested in Public Choice research. The two-volume set will be of broad interest to social scientists, policy analysts, and historians"--

Experimental Economics
  • Language: en
  • Pages: 586

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.

The Handbook of Experimental Economics
  • Language: en
  • Pages: 742

The Handbook of Experimental Economics

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 expe...