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The Methodology of Experimental Economics

The Methodology of Experimental Economics

$80.00 (P)

  • Date Published: August 2005
  • availability: Available
  • format: Hardback
  • isbn: 9780521853408

$ 80.00 (P)

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About the Authors
  • The experimental approach in economics is a driving force behind some of the most exciting developments in the field. The 'experimental revolution' was based on a series of bold philosophical premises which have remained until now mostly unexplored. This book provides the first comprehensive analysis and critical discussion of the methodology of experimental economics, written by a philosopher of science with expertise in the field. It outlines the fundamental principles of experimental inference in order to investigate their power, scope and limitations.

    • First book on experimental economics from the perspective of philosophy of science and social science.
    • Author has training as experimentalist himself
    • Ideal for supplementary reading for courses in economic theory and philosophy of science
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    Reviews & endorsements

    '… effectively mixes a descriptive and a normative approach.' History of Economic Ideas

    'This is a book that sorely needed to be written, and the experimental economics community should be grateful that Guala was the one to do it.' Journal of Economics and Philosophy

    ''I can hardly imagine a better exercise in intellectual ground clearing for debates in experimental and behavioural economics than Guala's book, and I recommend it highly.' Journal of Economics and Philosophy

    '… Guala has produced what I expect will become a classic in the philosophy of economics, and one of the most useful books in general philosophy of science we will see this decade.' The British Journal for the Philosophy of Science

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    Product details

    • Date Published: August 2005
    • format: Hardback
    • isbn: 9780521853408
    • length: 302 pages
    • dimensions: 229 x 152 x 21 mm
    • weight: 0.61kg
    • contains: 15 b/w illus. 12 tables
    • availability: Available
  • Table of Contents

    1. Introduction
    Part I. Inferences within the Experiment:
    2. Inside the laboratory
    3. Hypothesis testing
    4. Causation and experimental control
    5. Prediction
    6. Elimination
    Part II. Inferences from the Experiment:
    7. External validity
    8. Economic engineering
    9. From the laboratory to the outside world
    10. Experiments as mediators
    11. On monetary incentives.

  • Author

    Francesco Guala, Università degli Studi di Milano
    Francesco Guala is Senior Lecturer in Philosophy, Department of Sociology and Philosophy, University of Exeter. He has also taught at Imperial College London and the University of Cergy-Pontoise, France, and serves as an external research associate of the Centre for Philosophy of the Natural and Social Sciences, London School of Economics. Dr Guala has published extensively in philosophy and social science journals, including Philosophy of Science, Studies in the History and Philosophy of Science, Economics and Philosophy, the Journal of Economic Methodology, the Cambridge Journal of Economics, the Journal of Theoretical Politics, and Behavioral and Brain Sciences. He won the INEM (International Network for Economic Methodology) Prize in 2001 for best article on the methodology of economics written by a young scholar and, in the same year, won the History of Economic Analysis Award for best article on the history of economic thought written by a young scholar.

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