Laboratory Experimentation in Economics: A Methodological Overview
Alvin Roth ()
Economic Journal, 1988, vol. 98, issue 393, 974-1031
This paper surveys laboratory experimentation as a tool of economic research. It concentrates on methodological themes, broadly construe d, with the aim of illustrating the process by which sequences of relate d experiments can build upon one another and can complement more traditional types of economic research, both empirical and theoretical. The particular areas from which series of experiments are discussed in detail include bargaining behavior, public goods, auction markets, and individual choice behavior. Copyright 1988 by Royal Economic Society.
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