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Experimental Economics under the Microscope

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  • Siakantaris, Nikos
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    Abstract

    Although experimental economics has been one of the most rapidly expanding fields in economics in recent years, it has so far attracted little sustained methodological discussion. This paper is intended as a step towards filling the gap, and provides preliminary answers to the following questions. (i) What are distinctive characteristics of the experimental method in economics? (ii) To what extent are the results obtained in the laboratory transferable to non-laboratory situations? (iii) What are the limits of the experimental method in economics? (iv) Why is it that experimentation, which has been so successful in the natural sciences, remains so controversial in the social sciences. Copyright 2000 by Oxford University Press.

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    Bibliographic Info

    Article provided by Oxford University Press in its journal Cambridge Journal of Economics.

    Volume (Year): 24 (2000)
    Issue (Month): 3 (May)
    Pages: 267-81

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    Handle: RePEc:oup:cambje:v:24:y:2000:i:3:p:267-81

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    Cited by:
    1. Pessali, Huascar & Berger, Bruno, 2010. "A teoria da perspectiva e as mudanças de preferência no mainstream: um prospecto lakatoseano
      [Prospect theory and preference change in the mainstream of economics: a Lakatosian prospect]
      ," MPRA Paper 26104, University Library of Munich, Germany.
    2. Dorian Jullien, 2013. "Asian Disease-type of Framing of Outcomes as an Historical Curiosity," GREDEG Working Papers 2013-47, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), University of Nice Sophia Antipolis.
    3. Andrew Mearman, 2013. "How should economics curricula be evaluated?," Working Papers 20131306, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    4. Pires Gonçalves, Ricardo, 2008. "Consumer Behavior: Product Characteristics and Quality Perception," MPRA Paper 11142, University Library of Munich, Germany.
    5. Geoffrey M. Hodgson, 2004. "¿Los experimentos pueden falsear la teoría de la utilidad esperada?," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 6(10), pages 17-45, January-J.
    6. Nicolas Jacquemet & Yannick Gabuthy, 2012. "Analyse économique du droit et méthode expérimentale," Working Papers halshs-00746617, HAL.
    7. Andrew Mearman, 2012. "Pluralist economics curricula: do they work; and how would we know?," Working Papers 20121203, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    8. Geoffrey M Hodgson, 2012. "On the Limits of Rational Choice Theory," Economic Thought, World Economics Association, vol. 1(1), pages 6, July.
    9. Dorian Jullien & Nicolas Vallois, 2012. "A Probabilistic Ghost in the Experimental Machine," GREDEG Working Papers 2012-05, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), University of Nice Sophia Antipolis.
    10. Jefferson, Therese & Taplin, Ross, 2012. "Relational aspects of decisions to sell," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(5), pages 697-704.

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