Book Search:  

 

 
Google full text of our books:

bookjacket

Experimental Economics:
Rethinking the Rules
Nicholas Bardsley, Robin Cubitt, Graham Loomes, Peter Moffatt, Chris Starmer & Robert Sugden

Book Description | Reviews
Chapter 1 [in PDF format]

TABLE OF CONTENTS:

Preface vii

Chapter 1: Introduction 1
1.1 Experiments in Economics 1
1.2 Does Economics Need Experiments? 4
1.3 The Practice of Experimental Economics 11
1.4 The Illustrations and the Structure of the Book 23
1.5 Methods, Methodology, and Philosophy of Science 36

Chapter 2: Theory Testing and the Domain of Economic Theory 46
2.1 Domain Restrictions: Economic Theory and the Laboratory 46
2.2 Generality and External Validity 49
2.3 The Blame-the-Theory Argument 54
2.4 The Concept of Domain 56
2.5 The Laboratory and the Three Senses of Domain 64
2.6 Application to Experimental Tests of Choice Theory 71
2.7 Application to Experimental Tests of Equilibrium Predictions 85
2.8 Conclusions 92

Chapter 3: Experimental Testing in Practice 95
3.1 Preliminaries 95
3.2 Experimental Testing and the Duhem-Quine Thesis 95
3.3 On the Significance of the DQT for Testing 106
3.4 On Testing Game Theory 114
3.5 Hard Cores, Progress, and Experiments 128
3.6 Conclusion 138

Chapter 4: Experiments and Inductive Generalization 141
4.1 Preliminaries 141
4.2 Deduction versus Induction 142
4.3 How Inductive Investigation Works 145
4.4 Experiments as Tests 150
4.5 Exhibits 156
4.6 Why Be Interested in Exhibits? 160
4.7 Do Exhibits Need to Be Explained? 166
4.8 Multiple Causation 169
4.9 Explaining Exhibits Inductively 172
4.10 Investigating Exhibits without Trying to Explain Them 184
4.11 Experiments as Models 189
4.12 Conclusion 194

Chapter 5: External Validity 196
5.1 Introduction 196
5.2 Are Economics Experiments Models? 197
5.3 Tests of Applied Economics Theories 204
5.4 Types of Artificiality Criticism 214
5.5 Alteration Contrasted with Omission and Contamination 228
5.6 Evaluating Alteration Criticisms 233
5.7 Field Experiments 237
5.8 Conclusions 242

Chapter 6: Incentives in Experiments 244
6.1 Preliminaries 244
6.2 Incentives, Design, and Control 246
6.3 Incentives in Experimental Economics: Convention in Action 248
6.4 Three Perspectives on the Effect of Incentives on Behavior 250
6.5 Incentive Mechanisms 264
6.6 Conclusion 284

Chapter 7: Noise and Variability in Experimental Data 286
7.1 "Noise" in Economics and in Experimental Economics 286
7.2 "Noise" in Individual Decision Experiments 289
7.3 "Noise" in Experimental Games 306
7.4 Exploring Different Stochastic Specifications 322
7.5 Concluding Remarks 329

Chapter 8: Conclusion 331
8.1 How Successful Has Experimental Economics Been in Developing a Sound Methodology? 332
8.2 How Successful Has Experimental Economics Been in Increasing Understanding of Economic Behavior? 338
8.3 Has Experimental Economics Had a Positive Impact on Wider Economics? 342

References 347
Index 369

Return to Book Description

File created: 4/17/2014

Questions and comments to: webmaster@press.princeton.edu
Princeton University Press

New Book E-mails
New In Print
PUP Blog
Videos/Audios
Princeton APPS
Sample Chapters
Subjects
Series
Catalogs
Textbooks
For Reviewers
Class Use
Rights
Permissions
Ordering
Recent Awards
Princeton Shorts
Freshman Reading
PUP Europe
About Us
Contact Us
Links
F.A.Q.
PUP Home


Bookmark and Share