Three ways of linking laboratory endeavours to the realm of policies

Kyu Sang Lee

The European Journal of the History of Economic Thought, 2011, vol. 18, issue 5, 755-776

Abstract: This paper elucidates experimental economists' recent attempts to link their laboratory endeavours to the realm of policies. To be concrete, by concentrating on some of the well-known policy-related works conducted by three thriving research programs in experimental economics, this paper demonstrates what kinds of perspectives contemporary experimental economists take towards a foundational issue in economics, rationality. The disunity this paper finds in experimental economists' practices is interpreted as a source of strength, rather than weakness, for experimental economics as a whole.

Date: 2011
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DOI: 10.1080/09672567.2011.616593

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