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Whispering in the ears of... companies? Experimental economics as a tool for decision in the private sector

Murmurer à l’oreille... de l’industriel ? L’économie expérimentale comme outil d’aide à la décision en entreprise

Laure Saulais, Laurent Muller () and Valérie Lesgards
Additional contact information
Laurent Muller: INRA - Institut National de la Recherche Agronomique, GAEL - Laboratoire d'Economie Appliquée de Grenoble - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - INRA - Institut National de la Recherche Agronomique - CNRS - Centre National de la Recherche Scientifique - UGA [2016-2019] - Université Grenoble Alpes [2016-2019]
Valérie Lesgards: EDF R&D - EDF R&D - EDF - EDF

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Abstract: The use of experimental economics in business is a recent development that remains little discussed in the literature. Drawing from three examples, respectively from the agri-food, the automotive and the electricity industries, this article discusses the use of this method in the private sector, identifies its contributions and limits, and considers future prospects. Despite the recognized limitations of this method, in first line parallelism, experimental economics has significant potential for the private sector, to better understand individual decisions and market mechanisms, by complementing traditional approaches or through multidisciplinary opening.

Keywords: secteur industriel; industrie automobile; outil d'aide à la décision; électricité; aide à la décision; économie expérimentale; industrie agro-alimentaire (search for similar items in EconPapers)
Date: 2017
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Published in Revue Economique, 2017, 68 (5), pp.925-939. ⟨10.3917/reco.pr2.0086⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01533368

DOI: 10.3917/reco.pr2.0086

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