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This is the first comprehensive treatment of laboratory experiments designed to evaluate economic propositions under carefully controlled conditions.
Charles A. Holt, Douglas D. Davis
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Beliefs and social behavior in a multi-period ultimatum game
We conduct a multi-period ultimatum game in which we elicit players’ beliefs. Responders do not predict accurately the amount that will be offered to them, and do not get better in their predictions over time.
Ofer Haim Azar+2 more
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Exploring a New ExpAce: The Complementarities between Experimental Economics and Agent-based Computational Economics [PDF]
What is the relationship, if any, between Experimental Economics and Agent-based Computational Economics? Experimental Economics (EXP) investigates individual behaviour (and the emergence of aggregate regularities) by means of human subject experiments ...
Bruno Contini+2 more
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Attitudes and motivations of Economics students: Some recent evidence [PDF]
There is disagreement amongst economists regarding whether economics students are more self-interested than other students in economic and non-economic contexts.
Dietrich, M., Rowen, D.
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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
doaj +1 more source
Overpricing persistence in experimental asset markets with intrinsic uncertainty
To study coordination in complex social systems such as financial markets, the authors introduce a new prediction market set-up that accounts for fundamental uncertainty.
Sornette Didier+5 more
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Economic Choice of the Amount of Experimentation
Summary When a new process is suggested for use in agriculture or technology it is usually necessary to carry out experiments to estimate the increase in output that would result if the new process replaced that in current use. If the cost of experimentation and the scale of potential application of the new process are known, one method ...
Grundy, P. M.+2 more
openaire +3 more sources
Toward a Cognitive Experimental Economics [PDF]
This paper aims to analyze and exemplify some methodological implications on the way to conduct experiments related to the adoption of a cognitive approach in Economics. Many differences arise in relation to a more traditional way.
Marco Novarese
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Using Laboratory Experiments to Design Efficient Market Institutions: The case of wholesale electricity markets [PDF]
This paper assesses the contribution of laboratory experiments to the economics of design applied to the electricity industry. The analysis is dedicated to wholesale markets, and reviews the results accumulated to date concerning both the general ...
Carine Staropoli, Celine Jullien
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Ethnicity and Time Preferences: Evidences from Afghanistan
Identity is one of the most essential factors affecting the behavior and economic performance of individuals. Identity economics, as an important subset of behavioral economics, studies the impact of different components of identity on human economic ...
Sayed Mohammad Hussaini+3 more
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