Origins of Experimental Economics

Danuta Miłaszewicz ()
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Danuta Miłaszewicz: University of Szczecin

Chapter Chapter 2 in Selected Issues in Experimental Economics, 2016, pp 15-26 from Springer

Abstract: Abstract This chapter addressed the determinants of the formation and development of experimental economics. Its first part discussed the widely accepted definition of economics proposed by Robbins and its consequences to the methodology of economics. Emphasis was placed on those which referred to the applicability of experiments as a method to expand knowledge on economics. The second part of the chapter presented the short history of experimental economics. When describing the first experiments, the development path of experimental economics was carefully analysed, and emphasis was put on its contribution to the theories of both micro- and macroeconomics. The chapter is concluded with a brief summary pointing to the relevance of experimental economics.

Keywords: Experimental economic theory; Methodological background (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-28419-4_2

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DOI: 10.1007/978-3-319-28419-4_2

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