Laboratory Experimentation in Economics: Six Points of View

doi:10.1017/CBO9780511528316

Laboratory Experimentation in Economics

Six Points of View

Testing economic propositions in laboratory experiments has proven a very fruitful research endeavor in recent years. This volume brings together the major contributors to experimental economics. The papers present their views on the way experiments should be done, on the power and limitations of the techniques, and on the areas in which experimentation could contribute substantially to our understanding of economic behavior. This book distills the main lessons from great experience in experimental work. It will be essential reading for all who wish to follow experimental work or who wish to do such work themselves.

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Laboratory Experimentation in Economics

Six Points of View

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Contents

Frontmatter
pp i-iv

Contents
pp v-vi

Acknowledgments
pp vii-vii

List of contributors
pp viii-x

1 - Introduction and overview
pp 1-13

2 - Bargaining phenomena and bargaining theory
pp 14-41

3 - Equity and coalition bargaining in experimental three-person games
pp 42-98

4 - The psychology of choice and the assumptions of economics
pp 99-130

5 - Hypothetical valuations and preference reversals in the context of asset trading
pp 131-154

6 - Economics according to the rats (and pigeons too): what have we learned and what can we hope to learn?
pp 155-192

7 - Dimensions of parallelism: some policy applications of experimental methods
pp 193-219

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Laboratory Experimentation in Economics

Six Points of View

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