Experimental Economics: Unlocking Economic Insights, a Journey Through Experimental Economics

· Economic Science 65권 · One Billion Knowledgeable
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What is Experimental Economics

In the field of economics, experimental economics refers to the analysis of economic topics through the use of experimental methodologies. During experiments, data are collected with the purpose of estimating the size of the effect, determining whether or not economic theories are valid, and shedding light on market mechanisms. In economic experiments, the volunteers are typically motivated with cash in order to simulate the incentives that are seen in the real world. In order to gain a better understanding of how and why markets and other exchange systems operate in the manner that they do, experiments are utilized. In addition, the field of experimental economics has grown to include the study of institutions and the law.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Experimental economics


Chapter 2: Game theory


Chapter 3: Vernon L. Smith


Chapter 4: Behavioral economics


Chapter 5: Competition


Chapter 6: Contract theory


Chapter 7: Centipede game


Chapter 8: Information economics


Chapter 9: Computational economics


Chapter 10: Personnel economics


Chapter 11: Charles Plott


Chapter 12: Experimental finance


Chapter 13: Quantal response equilibrium


Chapter 14: R. Mark Isaac


Chapter 15: Agent-based computational economics


Chapter 16: Algorithmic game theory


Chapter 17: Alvin E. Roth


Chapter 18: Mathematical economics


Chapter 19: Social preferences


Chapter 20: Behavioral game theory


Chapter 21: Gift-exchange game


(II) Answering the public top questions about experimental economics.


(III) Real world examples for the usage of experimental economics in many fields.


Who will benefit


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of experimental economics.

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