The External Validity of Experimental Economics Techniques: Analysis of Demand Behavior.
This paper examines the parallelism which exists between demand behavior determined from the sale of a private good in an actu al "real world" field setting and in a laboratory auction setting. The demand behavior observed in the two settings is significantly the same leading to the corroboration of the thesis that there is often correspondence between laboratory and real world behavior. Copyright 1987 by Oxford University Press.
Year of publication: |
1987
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Authors: | Brookshire, David S ; Coursey, Don L ; Schulze, William D |
Published in: |
Economic Inquiry. - Western Economic Association International - WEAI. - Vol. 25.1987, 2, p. 239-50
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Publisher: |
Western Economic Association International - WEAI |
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