Toward a Cognitive Experimental Economics
This 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.
|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://188.8.131.52 |
References listed on IDEAS
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.:
- 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.
- 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.
- Hugh Kelley & Daniel Friedman, 2002. "Learning to Forecast Price," Economic Inquiry, Western Economic Association International, vol. 40(4), pages 556-573, 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.
- 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.
- 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.
- 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.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpex:0211002. See general information about how to correct material in RePEc.
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.