Showing 1 - 10 of 26
L’objet de ce travail est de souligner les divergences qui ont amené les expérimentateurs en économie à se démarquer de la méthodologie expérimentale introduite par les psychologues. Après avoir rappelé en quoi consiste une expérience de laboratoire et quels sont les principes de...
Persistent link: https://www.econbiz.de/10005126094
A computerized double auction market with human traders is employed to examine the relation of price and volume under conditions of asymmetric information. In this market, the informed traders receive higher precision signals than the uninformed traders. The relation of price and volume has been...
Persistent link: https://www.econbiz.de/10005556681
Lack of coordination among agencies at project level and scarce promotion of contracts at micro-scale are critical gaps widely spread in many Latin American regions. We discuss some specific and feasible mechanisms, namely: (i) alliances for rural development and (ii) contract promoters; that...
Persistent link: https://www.econbiz.de/10005119026
The paper discusses the relation between experimental economics and the cognitive approach, after having outlined the … chief characteristics of the major lines of research in both areas, also with reference to the historical development and to … methodological issues. Then the attention is focused on the relevance of the experimental method for the analysis of learning and …
Persistent link: https://www.econbiz.de/10005076658
This paper provides textual evidence of Keynes´s position on monetary policy and shaping international monetary relations. One result of my contribution is that the famous dichotomy 'rules versus discretion' is of no relevance to his economic theory, because he used the term 'rules' not in the...
Persistent link: https://www.econbiz.de/10005076842
Persistent link: https://www.econbiz.de/10005126027
This paper proposes an evolutionary betting mechanism that refers to scientists' academic reputation. The mechanism provides incentives for theoretical and empirical researchers to work on joint projects, thereby producing more general findings and stylized facts that can be used in giving...
Persistent link: https://www.econbiz.de/10005126068
In dealing with the problematic relationship of morality to rational choice theory, neoclassical economists since Lionel Robbins have often argued that they can incorporate moral values into consumer theory by putting those values into the utility function. This paper tests the viability of such...
Persistent link: https://www.econbiz.de/10005126078
Bruce Caldwell (2004) “Hayek’s Challenge” tells the story of the evolution of Hayek’s methodological standpoint. In Caldwell’s account, Hayek is driven by the desire to identify a truly scientific approach to the study of society as a complex adaptive order which at the same time will...
Persistent link: https://www.econbiz.de/10005412538
Giocoli (2003) won awards from ESHET and, in its original form as Giocoli’s PhD thesis, from HES. It lives up to its promise. According to Giocoli, in the period between the 1890s and the 1980s a transformation took place in the way that economists thought about what it was that they were...
Persistent link: https://www.econbiz.de/10005412549