... 91, 119, 159–60, 172, 176, 248, 275, 340 voting, 143, 203–4 Walker, J. M., 251 Wallis, W. A., 8 Weber, E. H., 293 Weber, R., 203, 319 Weber–Fechner law, 293 Weibull, 124 Weimann, J., 276 Wilcox, N. T., 291 Williams, A., 20–21, 23, ...
Even less collusive results were reported by Kruse et al . ( 1990 ) . These authors conducted a series of fifteen sixty - period posted - offer markets with four sellers and simulated demand , in a purposely unstable design ( seller ...
... 129, 166, 172–74 Gigliotti, G., 292 Gintis, H., 240 Gneezy, U., 252, 257 Goeree, J., 16–17, 23, 31, 309, 311, 319 Greenwood, J. D., 214–17, 226–27, 233 Grether, D. M., 132, 249 Grossman, P. J., 21–23, 27, 29, 31, 228–29 Guala, F., ...
Since the 1980s, there has been explosive growth in the use of experimental methods in economics, leading to exciting developments in economic theory and policy. Despite this, the status of experimental economics remains controversial.
A further dictator game reported by Hoffman et al . ( 1991 ) suggests that the apparent generosity of laboratory dictators may be largely due to unintended procedural features rather than to fairness considerations .
The Experimenter's Room It is useful to have a place where the experimenter can monitor the experiment without influencing or disturbing the subjects. If space is an issue, the experimenter's room can be replaced by a separate area in ...
We also cover a number of standard experimental results that are generally seen as part of behavioural economics. Second, we mainly focus on laboratory experiments rather than field experiments or randomised controlled trials (see ...
The most active experimental economists contributed to this volume: Besides the editor of this volume there are to mention P. Bohm, P. Burrows and G. Loomes, G.W. Harrison, S.S. Lim, E.C. Prescott and S. Sunder, A.E. Roth, P. Sbriglia.
Experimental Economics Volume II seeks to answer these questions by examining the auction mechanism, imperfect competition and incentives to understand financial crises, political preferences and elections, and more.