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Experimental economics: Methods, problems and promise

Author

Listed:
  • Davis, Douglas D.

    (Virginia Commonwealth University)

  • Holt, Charles a.

    (University of Virginia)

Abstract

The purpose of this paper is to discuss the growing importance of experimentation in economic analysis. We present a variety of economic issues that have been explored with laboratory techniques. We also address some common objections to experimentation, as well as some of the principal lessons that have been learned.

Suggested Citation

  • Davis, Douglas D. & Holt, Charles a., 1993. "Experimental economics: Methods, problems and promise," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 8(2), pages 179-212.
  • Handle: RePEc:emx:esteco:v:8:y:1993:i:2:p:179-212
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    File URL: https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/288/291
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    References listed on IDEAS

    as
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    7. Battalio, Raymond C & Kagel, John H & Jiranyakul, Komain, 1990. "Testing between Alternative Models of Choice under Uncertainty: Some Initial Results," Journal of Risk and Uncertainty, Springer, vol. 3(1), pages 25-50, March.
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