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Handbook of experimental economic methodology

Contributor(s): Material type: TextTextSeries: The Handbooks in Economic Methodologies SeriesPublication details: New York Oxford University Press 2015Description: viii, 477 pages; 27 cmISBN:
  • 9780195328325
Subject(s): DDC classification:
  • 330.072 H2
Summary: PART ONE: IS EXPERIMENTAL ECONOMICS LIVING UP TO ITS PROMISE? 1. Is Experimental Economics Living Up to Its Promise? Alvin E. Roth PART TWO: THE RELATIONSHIP OF ECONOMIC THEORY TO EXPERIMENTS 2. The Relationship of Economic Theory to Experiments David K. Levine and Jie Zheng 3. On the Relationship Between Economic Theory and Experiments Andrew Schotter 4. Enhanced Choice Experiments Andrew Caplin and Mark Dean 5. Intelligent Design: The Relationship of Economic Theory to Experiments: Treatment driven Experiments Muriel Niederle Shorter Papers and Comments: 6. The Interplay between Theory and Experiments Leeat Yariv 7. Maxims for Experimenters Martin Dufwenberg 8. What is an Economic Theory That Can Inform Experiments? Uri Gneezy and Pedro Rey-Biel PART THREE: PSYCHOLOGY AND ECONOMICS: A COMPARISON OF METHODS 9. The 1-800 Critique, Counter-Examples, and the Future of Behavioral Economics Ido Erev and Ben Greiner 10. A General Model for Experimental Inquiry in Economics and Social Psychology J. Keith Murnighan 11. Psychology and Economics: Areas of Convergence and Difference Tom R. Tyler and David Amodio Shorter Papers and Comments: 12. The Hammer and the Screwdriver Gary Charness 13. Discussion of "Psychology and Economics: Areas of Convergence and Difference" Theo Offerman PART FOUR: THE LAB AND THE FIELD Reprint: What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World? Steven D. Levitt and John A. List 14. The Promise and Success of Lab-Field Generalizability in Experimental Economics: A Critical Reply to Levitt and List Colin F. Camerer 15. Theory, Experimental Design and Econometrics Are Complementary (And So Are Lab and Field Experiments) Glenn W. Harrison, Morten Lau, and E. Elisabet Rutström 16. Laboratory Experiments: The Lab in Relationship to Field Experiments, Field Data and Economic Theory John H. Kagel 17. Laboratory Experiments: Professionals versus Students Guillaume R. Fréchette Shorter Papers and Comments: 18. The External Validity of Laboratory Experiments: The Misleading Emphasis on Quantitative Effects Judd Kessler and Lise Vesterlund 19. The Lab and the Field: Empirical and Experimental Economics David Reiley 20. On the Generalizability of Experimental Results in Economics Omar Al-Ubaydli and John A. List
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Books Vikram Sarabhai Library Rack 15-A / Slot 544 (0 Floor, West Wing) Non-fiction General Stacks 330.072 H2 (Browse shelf(Opens below)) Available 189593

Contains chapters written by some of the most accomplished scholars working at the intersection of experimental, behavioral, and theoretical economics talking about methodology, including Nobel Prize-winner Alvin Roth
Features discourse of chapters and shorter commentaries on these chapters
The Handbook of Experimental Economic Methodology, edited by Guillaume R. Fréchette and Andrew Schotter, aims to confront and debate the issues faced by the growing field of experimental economics. For example, as experimental work attempts to test theory, it raises questions about the proper relationship between theory and experiments. As experimental results are used to inform policy, the utility of these results outside the lab is questioned, and finally, as experimental economics tries to integrate ideas from other disciplines like psychology and neuroscience, the question of their proper place in the discipline of economics becomes less clear.

This book contains papers written by some of the most accomplished scholars working at the intersection of experimental, behavioral, and theoretical economics talking about methodology.
It is divided into four sections, each of which features a set of papers and a set of comments on those papers. The intention of the volume is to offer a place where ideas about methodology could be discussed and even argued. Some of the papers are contentious—-a healthy sign of a dynamic discipline—-while others lay out a vision for how the authors think experimental economics should be pursued.

This exciting and illuminating collection of papers brings light to a topic at the core of experimental economics. Researchers from a broad range of fields will benefit from the exploration of these important questions.
Readership: Students, academics, and researchers in the fields of economics, behavioral psychology, and neuroscience.


PART ONE: IS EXPERIMENTAL ECONOMICS LIVING UP TO ITS PROMISE?
1. Is Experimental Economics Living Up to Its Promise?
Alvin E. Roth
PART TWO: THE RELATIONSHIP OF ECONOMIC THEORY TO EXPERIMENTS
2. The Relationship of Economic Theory to Experiments
David K. Levine and Jie Zheng
3. On the Relationship Between Economic Theory and Experiments
Andrew Schotter
4. Enhanced Choice Experiments
Andrew Caplin and Mark Dean
5. Intelligent Design: The Relationship of Economic Theory to Experiments: Treatment driven Experiments
Muriel Niederle
Shorter Papers and Comments:
6. The Interplay between Theory and Experiments
Leeat Yariv
7. Maxims for Experimenters
Martin Dufwenberg
8. What is an Economic Theory That Can Inform Experiments?
Uri Gneezy and Pedro Rey-Biel
PART THREE: PSYCHOLOGY AND ECONOMICS: A COMPARISON OF METHODS
9. The 1-800 Critique, Counter-Examples, and the Future of Behavioral Economics
Ido Erev and Ben Greiner
10. A General Model for Experimental Inquiry in Economics and Social Psychology
J. Keith Murnighan
11. Psychology and Economics: Areas of Convergence and Difference
Tom R. Tyler and David Amodio
Shorter Papers and Comments:
12. The Hammer and the Screwdriver
Gary Charness
13. Discussion of "Psychology and Economics: Areas of Convergence and Difference"
Theo Offerman
PART FOUR: THE LAB AND THE FIELD
Reprint: What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World?
Steven D. Levitt and John A. List
14. The Promise and Success of Lab-Field Generalizability in Experimental Economics:
A Critical Reply to Levitt and List
Colin F. Camerer
15. Theory, Experimental Design and Econometrics Are Complementary (And So Are Lab and Field Experiments)
Glenn W. Harrison, Morten Lau, and E. Elisabet Rutström
16. Laboratory Experiments: The Lab in Relationship to Field Experiments, Field Data and Economic Theory
John H. Kagel
17. Laboratory Experiments: Professionals versus Students
Guillaume R. Fréchette
Shorter Papers and Comments:
18. The External Validity of Laboratory Experiments: The Misleading Emphasis on Quantitative Effects
Judd Kessler and Lise Vesterlund
19. The Lab and the Field: Empirical and Experimental Economics
David Reiley
20. On the Generalizability of Experimental Results in Economics
Omar Al-Ubaydli and John A. List

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