Experimental Economics: Method and Applications

Experimental economics has become a mainstream tool for empirical research, and this book provides a methodology for constructing controlled experiments that can provide evidence relevant to economic research. It is designed for graduate students and academic researchers working in the field of experimental economics and covers the strengths and weaknesses of controlled experiments.

\n Format: Paperback / softback
\n Length: 472 pages
\n Publication date: 29 November 2018
\n Publisher: Cambridge University Press
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Over the past two decades, experimental economics has undergone a remarkable transformation, evolving from a fringe pursuit to a widely embraced standard tool for empirical research. This transformative shift has solidified experimental economics' position as an indispensable component of applied economics, providing valuable insights and evidence that contribute to our understanding of economic phenomena. In this comprehensive book, esteemed professors Jacquemet and L. Haridon take the traditional model in applied econometrics as a foundation, elucidating the methodology of controlled experiments. Through detailed discussions and illustrative examples, they showcase the practical applications of controlled experiments in economic research. This book serves as a valuable resource for both aspiring experimental practitioners and newcomers to the field, equipping them with the skills and knowledge necessary to design and execute experiments tailored to their specific research questions. Moreover, it offers a comprehensive overview of the strengths and weaknesses of controlled experiments, enabling graduate students and academic researchers to critically evaluate empirical research based on lab experiments. By referencing specific experiments, results, and designs completed with case study applications, readers gain a deep understanding of the intricacies and nuances of experimental economics, fostering a more rigorous and evidence-based approach to economic inquiry.

\n Weight: 842g\n
Dimension: 174 x 245 x 26 (mm)\n
ISBN-13: 9781107629776\n \n