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Experimental Economics : International Studen - Douglas D. Davis

Experimental Economics

International Studen

Hardcover Published: 3rd January 1993
ISBN: 9780691043173
Number Of Pages: 584

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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.

Industry Reviews

"This is a recommendable introduction to experimental economics which demonstrates the experimental method of data collection and also presents some of its major findings... I strongly recommend the book to any scholar interested in experimental economics."--Journal of Economics

ISBN: 9780691043173
ISBN-10: 0691043175
Series: International Studen
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 584
Published: 3rd January 1993
Country of Publication: US
Dimensions (cm): 24.26 x 16.43  x 4.29
Weight (kg): 1.02

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