Toward a Cognitive Experimental Economics
AbstractThis paper aims to analyze and exemplify some methodological implications on the way to conduct experiments related to the adoption of a cognitive approach in Economics. Many differences arise in relation to a more traditional way. In fact cognitive economics has strong descriptive attention and aims at beeing closer to reality than the mainstream. Besides the idea of representative agents is questioned. Different kind of experiments, differents analysis and new tools are so required. The paper proposes also some notes on the relation between experimental economics and simulation with artificial agents.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by EconWPA in its series Experimental with number 0211002.
Length: 18 pages
Date of creation: 17 Nov 2002
Date of revision:
Note: Type of Document - PDF; prepared on IBM PC - PC-TEX; to print on HP; pages: 18; figures: included. forthcoming in a book on Cognitive Economics (title to be defined) edited by Salvatore Rizzello
Contact details of provider:
Web page: http://18.104.22.168
cognitive economics; experimental economics; learning;
Find related papers by JEL classification:
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- D2 - Microeconomics - - Production and Organizations
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-11-28 (All new papers)
- NEP-CBE-2002-11-28 (Cognitive & Behavioural Economics)
- NEP-EVO-2002-11-28 (Evolutionary Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Alessandro Narduzzo & Massimo Egidi, 1996.
"The emergence of path-dependent behaviors in cooperative contexts,"
CEEL Working Papers
9604, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
- Egidi, Massimo & Narduzzo, Alessandro, 1997. "The emergence of path-dependent behaviors in cooperative contexts," International Journal of Industrial Organization, Elsevier, vol. 15(6), pages 677-709, October.
- Andreoni, James, 1995.
"Cooperation in Public-Goods Experiments: Kindness or Confusion?,"
American Economic Review,
American Economic Association, vol. 85(4), pages 891-904, September.
- Roth, Alvin E., 1993. "The Early History of Experimental Economics," Journal of the History of Economic Thought, Cambridge University Press, vol. 15(02), pages 184-209, September.
- Tversky, Amos & Kahneman, Daniel, 1992. " Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
- Leigh Tesfatsion, 2002. "Agent-Based Computational Economics," Computational Economics 0203001, EconWPA, revised 15 Aug 2002.
- Nigel Gilbert & Pietro Terna, 2000. "How to build and use agent-based models in social science," Mind and Society: Cognitive Studies in Economics and Social Sciences, Fondazione Rosselli, vol. 1(1), pages 57-72, March.
- Hugh Kelley & Daniel Friedman, 2002. "Learning to Forecast Price," Economic Inquiry, Western Economic Association International, vol. 40(4), pages 556-573, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.