1st Edition
Economics Lab An Intensive Course in Experimental Economics
248 Pages
by
Routledge
248 Pages
by
Routledge
248 Pages
by
Routledge
Also available as eBook on:
Laboratory experiments with human subjects now provide crucial data in most fields of economics and there has been a tremendous upsurge in interest in this relatively new field of economics. This textbook introduces the student to the world of experimental economics.
Contributors including Reinhard Selten and Axel Leijonhufvud that sketch the history of experimental economics... Read more
Part 1: Introductions 1. An Intensive Course in Experimental Economics 2. The Trento Summer School 3. Economists Go to the Laboratory: Who, What, When and Why? Part 2: Laboratory Methods 4. First Principles: Induced Value Theory 5. The Art of Experimental Design 6. Dialogues with the Data 7. Do it: Running a Laboratory Session 8. Finish What You Started: Project Management Part 3: Applications 9. Markets 10. Auctions 11. Oligopoly 12. Games 13. Learning Direction Theory and Impulse Balance Equilibrium 14. Imitation Equilibrium 15. Choice Anomalies 16. Institutional Engineering Part 4: Projects 17. An Asset Market Experiment 18. Bifurcation in a Stock Market Experiment 19. Price Instability and Search 20. Animal-Spirits Cycles 21. The Restart Effect 22. Integrative Negotiation 23. Culture from Scratch
Biography
Daniel Friedman is Professor of Economics at the University of California, Santa Cruz, USA.
Alessandra Cassar is Assistant Professor of Economics at the University of San Francisco, USA.
