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The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics.
Fraser, Iain, Balcombe, Kelvin G
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Cognitive Neuroscience Tools in Economic Experiments Investigating the Decision Making Process
Experimental economics utilises a lot of different techniques to support its research. Applying computers and IT has already become common. As a novel approach the use of cognitive neuroscience tools is now being considered.
Borawska Anna
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Coping With Unreliable Water Supply: An Experimental Study of Exit and Voice
Unreliable public water supplies cause human hardships and are still common worldwide. Households often deal with the issue by adopting various coping strategies that are representative of economic decentralization (e.g., using private wells, sourcing ...
Hoon C. Shin +6 more
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EXPERIMENTAL PHILOSOPHY OF ECONOMICS [PDF]
This article is a prelude to an experimental study of the preference concept in economics. I argue that a new empirical approach calledexperimental philosophy of scienceis a promising approach to advance the philosophy of economics. In particular, I discuss two debates in the field, the neuroeconomics controversy and the commonsensible realism debate ...
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Resistant grape varieties and market acceptance: an evaluation based on experimental economics
We analyze consumers’ evaluations of white wines from resistant varieties, produced in the Languedoc winegrowing region of France (2016 vintage). We use the results from a laboratory experiment performed in Paris in June 2017, where a panel of more than ...
Alejandro Fuentes Espinoza +4 more
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The Agentic Perspective in Experimental Economics
Mainstream experimental economics is characterized by its focus on theory testing and “treatment effects” on aggregate outcomes. The “agentic” alternative is concerned with the econometric specification of individual behavior.
Arturo Macías
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Valuing Ambiguity: The Case of Genetically Engineered Growth Enhancers
A split-valuation method is developed and implemented to elicit the willingness to pay to consume- or avoid consuming- a product of ambiguous quality.
Brian L. Buhr +3 more
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THE IMPACT OF TAXES ON INDIVIDUAL LONG-TERM SAVINGS DECISION
This paper uses experimental methods to analyze how different forms of taxation influence the decision between immediate consumption and saving. The parameters are chosen in such a way that the treatments No Tax, Immediate Taxation and Deferred Taxation
Dominik Tschinkl +2 more
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Laboratory methods are used to investigate the impacts of supply and demand risks in a forward market on prices, quantities traded, and earnings when the choice of transacting in a forward or spot market is endogenous.
Dale J. Menkhaus +3 more
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Economic Theory and Experimental Economics [PDF]
This paper explores the questions of how economic theory can be used to design and interpret experiments and how experimental results can be used to construct and interpret economic theories. The relationship between economic theory and experiments is modeled and illustrated with examples from both theoretical and experimental work. The emphasis is on
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