Handbook of Experimental Economic Methodology

Handbook of Experimental Economic Methodology

Handbook of Experimental Economic Methodology

Handbook of Experimental Economic Methodology

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Overview

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.

Product Details

ISBN-13: 9780190202170
Publisher: Oxford University Press
Publication date: 01/02/2015
Series: Handbooks of Economic Methodology
Sold by: Barnes & Noble
Format: eBook
Pages: 416
File size: 5 MB

About the Author

Guillaume R. Fréchette is Associate Professor of Economics at New York University. Andrew Schotter is Professor of Economics at New York University and Director of NYU's Center for Experimental Social Science.

Table of Contents

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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