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The Methodology of Experimental Economics

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  • Guala,Francesco

Abstract

The experimental approach in economics is a driving force behind some of the most exciting developments in the field. The 'experimental revolution' was based on a series of bold philosophical premises which have remained until now mostly unexplored. This book provides the first comprehensive analysis and critical discussion of the methodology of experimental economics, written by a philosopher of science with expertise in the field. It outlines the fundamental principles of experimental inference in order to investigate their power, scope and limitations. The author demonstrates that experimental economists have a lot to gain by discussing openly the philosophical principles that guide their work, and that philosophers of science have a lot to learn from their ingenious techniques devised by experimenters in order to tackle difficult scientific problems.

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Bibliographic Info

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This book is provided by Cambridge University Press in its series Cambridge Books with number 9780521853408 and published in 2005.

Order: http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521853408
Handle: RePEc:cup:cbooks:9780521853408

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Web page: http://www.cambridge.org

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Cited by:
  1. Daniel John Zizzo, 2012. "Inducing natural group identity: A RDP analysis," Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) 12-01, School of Economics, University of East Anglia, Norwich, UK..
  2. Schmidt, Klaus M., 2009. "The Role of Experiments for the Development of Economic Theories," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 252, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
  3. Volker Gadenne, 2013. "External Validity and the New Inductivism in Experimental Economics," Rationality, Markets and Morals, Frankfurt School Verlag, Frankfurt School of Finance & Management, vol. 4(63), March.
  4. Stefania Sitzia & Robert Sugden, 2011. "Implementing theoretical models in the laboratory, and what this can and cannot achieve," Journal of Economic Methodology, Taylor and Francis Journals, vol. 18(4), pages 323-343, December.
  5. Andreas Ortmann & Ralph Hertwig, 2006. "Monetary Incentives: Usually Neither Necessary Nor Sufficient?," CERGE-EI Working Papers wp307, The Center for Economic Research and Graduate Education - Economic Institute, Prague.
  6. Francesco Guala & Luigi Mittone & Matteo Ploner, 2012. "Group Membership, Team Preferences, and Expectations (This is a new version of CEEL WP 6-09)," CEEL Working Papers 1203, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
  7. Francesco Guala & Luigi Mittone, 2008. "Paradigmatic Experiments: the Dictator Game," CEEL Working Papers 0807, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
  8. Shaun P. Hargreaves Heap & Arjan Verschoor & Daniel John Zizzo, 2009. "A test of the experimental method," Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) 09-17, School of Economics, University of East Anglia, Norwich, UK..
  9. Dorian Jullien & Nicolas Vallois, 2012. "A Probabilistic Ghost in the Experimental Machine," GREDEG Working Papers 2012-05, GREDEG CNRS, University of Nice-Sophia Antipolis.
  10. Philipp C. Wichardt, 2012. "Norms, cognitive dissonance, and cooperative behaviour in laboratory experiments," International Journal of Social Economics, Emerald Group Publishing, vol. 39(5), pages 342-356, May.
  11. Croson, Rachel & Gächter, Simon, 2010. "The science of experimental economics," Journal of Economic Behavior & Organization, Elsevier, vol. 73(1), pages 122-131, January.
  12. Binmore, Ken & Shaked, Avner, 2010. "Experimental economics: Where next?," Journal of Economic Behavior & Organization, Elsevier, vol. 73(1), pages 87-100, January.
  13. SALMON, Pierre, 2008. "Serving God in a Largely Theocratic Society :Rivalry and Cooperation between Church and King," LEG - Document de travail - Economie 2008-04, LEG, Laboratoire d'Economie et de Gestion, CNRS UMR 5118, Université de Bourgogne.
  14. Boldyrev, I., 2011. "Economic Methodology Today: a Review of Major Contributions," Journal of the New Economic Association, New Economic Association, issue 9, pages 47-70.
  15. Luis Roberto Martínez & Christian Jaramillo & Nicolas De Roux & Juan-Camilo Cárdenas, 2010. "It’s Not My Money: An Experiment on Risk Aversion and the House-money Effect," DOCUMENTOS CEDE 006712, UNIVERSIDAD DE LOS ANDES-CEDE.
  16. Francesco Guala, 2010. "Cooperation in and out of the lab: a comment on Binmore’s paper," Mind and Society: Cognitive Studies in Economics and Social Sciences, Fondazione Rosselli, vol. 9(2), pages 159-169, December.

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