Introduction to Experimental Economics

Douglas Davis and Charles Holt

A chapter in Experimental Economics, 1992 from Princeton University Press

Abstract: This is the first comprehensive treatment of laboratory experiments designed to evaluate economic propositions under carefully controlled conditions. While it 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. The 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.

Keywords: laboratory experiments; financial markets; price competition; auctions; bargaining; games; decision making; uncertainty (search for similar items in EconPapers)
JEL-codes: C90 (search for similar items in EconPapers)
Date: 1992
ISBN: 9780691043173
References: Add references at CitEc
Citations: View citations in EconPapers (39)

Downloads: (external link)
http://assets.press.princeton.edu/chapters/s5255.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pup:chapts:5255-1

Access Statistics for this chapter

More chapters in Introductory Chapters from Princeton University Press
Bibliographic data for series maintained by Webmaster ().