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Experimental Economics: Contributions, Recent Developments, and New Challenges

Marie Claire Villeval ()

No 706, Working Papers from Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon

Abstract: Although economics has long been considered as a non-experimental science, the development of experimental economics and behavioral economics is amazingly rapid and affects most fields of research. This paper first attempts at defining the main contributions of experiments to economics. It also identifies four main trends in the development of experimental research in economics. The third contribution of this paper is to identify the major theoretical and methodological challenges faced by behavioral and experimental economics.

Keywords: behavioral economy; Experimental economics; field experiment; quantitative methods (search for similar items in EconPapers)
JEL-codes: A12 C90 D0 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe, nep-evo, nep-exp, nep-hpe, nep-neu and nep-sog
Date: 2007-03
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ftp://ftp.gate.cnrs.fr/RePEc/2007/0706.pdf (application/pdf)

Related works:
Working Paper: Experimental Economics: Contributions, Recent Developments, and New Challenges (2007) Downloads
Working Paper: Experimental Economics: Contributions, Recent Developments, and New Challenges (2007) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:gat:wpaper:0706

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