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  • Handbook of Experimental Economic Methodology

    Handbook of Experimental Economic Methodology by Fréchette, Guillaume R.; Schotter, Andrew;

    Series: Handbooks of Economic Methodology;

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    Product details:

    • Publisher OUP USA
    • Date of Publication 19 February 2015

    • ISBN 9780195328325
    • Binding Hardback
    • No. of pages490 pages
    • Size 183x257x33 mm
    • Weight 1066 g
    • Language English
    • Illustrations 15 illus.
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    Short description:

    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.

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    Long description:

    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.

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    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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