Experimental and behavioral economics /

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Bibliographic Details
Edition:1st ed.
Imprint:Amsterdam ; London : Elsevier JAI, 2005.
Description:1 online resource (ix, 193 pages) : illustrations.
Language:English
Series:Advances in applied microeconomics, 0278-0984 ; v. 13
Advances in applied microeconomics ; v. 13.
Subject:Economics -- Methodology.
Economics -- Psychological aspects.
Behavioural economics.
Business & Economics -- Economics -- Microeconomics.
Economics -- Methodology.
Economics -- Psychological aspects.
Experimenteel onderzoek.
Economische psychologie.
Methodologie.
Entscheidungsverhalten
Experimentelle Wirtschaftsforschung
Wirtschaftspsychologie
Wirtschaftliches Verhalten
Electronic books.
Aufsatzsammlung.
Electronic books.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11148732
Hidden Bibliographic Details
Other authors / contributors:Morgan, John, 1967-
ISBN:0080460399
9780080460390
9781849503372
1849503370
9781849503372
1849503370
9780762311941
0762311940
Notes:Includes bibliographical references.
Print version record.
Summary:As demand to substantiate predictions from economic theory with causal empirical evidence increases, economists have more and more turned towards controlled laboratory experiments. As this field has blossomed it has provided evidence confirming some of the key predictions of economic theory and exposed some of the weaker theoretical predictions. This has resulted in a symbiotic relationship where experimental evidence not only is used to support theoretical conclusions but has pointed economists into bold and exciting new areas of investigation. In this volume, I am proud to present some of the most stimulating work in this field. The first three chapters provide a fresh look at some of the classical issues in experimental economics. These papers provide novel insights into psychology in ultimatum games, the impact of social interaction on learning, and communication in coordination games. The next two chapters look at how experiments can illuminate our understanding of what determines trust. These papers examine how monitoring within an organization influences trust, as well as examining how individual political ideologies are related to an individuals level of trust. The final two chapters show how experiments can be fruitfully applied to vertical relationships and auction design, two of the most important areas in contemporary contract theory.
Other form:Print version: Experimental and behavioral economics. Amsterdam ; London : Elsevier JAI, 2005 0762311940