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Lab Labor: What Can Labor Economists Learn from the Lab?

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  • Charness, Gary

    ()
    (University of California, Santa Barbara)

  • Kuhn, Peter J.

    ()
    (University of California, Santa Barbara)

Abstract

This paper surveys the contributions of laboratory experiments to labor economics. We begin with a discussion of methodological issues: why (and when) is a lab experiment the best approach; how do laboratory experiments compare to field experiments; and what are the main design issues? We then summarize the substantive contributions of laboratory experiments to our understanding of principal-agent interactions, social preferences, union-firm bargaining, arbitration, gender differentials, discrimination, job search, and labor markets more generally.

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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 4941.

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Length: 111 pages
Date of creation: May 2010
Date of revision:
Publication status: published in: O. Ashenfelter and D. Card (eds.), Handbook of Labor Economics, Amsterdam: Elsevier, 2011
Handle: RePEc:iza:izadps:dp4941

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Keywords: laboratory experiments; principal-agent theory; personnel economics; labor economics;

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