Experimental Economics: Contributions, Recent Developments, and New Challenges
AbstractAlthough economics has long been considered as a non-experimental science, the development of experimental economics and behavioral economics is amazingly rapid and affects most fields of research. This paper first attempts at defining the main contributions of experiments to economics. It also identifies four main trends in the development of experimental research in economics. The third contribution of this paper is to identify the major theoretical and methodological challenges faced by behavioral and experimental economics.
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Date of creation: Mar 2007
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behavioral economy ; Experimental economics ; field experiment ; quantitative methods;
Other versions of this item:
- Marie-Claire Villeval, 2007. "Experimental Economics: Contributions, Recent Developments, and New Challenges," Post-Print halshs-00175179, HAL.
- Marie-Claire Villeval, 2007. "Experimental Economics: Contributions, Recent Developments, and New Challenges," Working Papers 0706, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure.
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
- D0 - Microeconomics - - General
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