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Experimental methods in economics respond to circumstances that are not completely dictated by accepted theory or … outstanding problems. While the field of economics makes sharp distinctions and produces precise theory, the work of experimental … economics sometimes appear blurred and may produce results that vary from strong support to little or partial support of the …
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Prize-winning economist Vernon L. Smith and his long-time co-author Bart J. Wilson bring their study of economics full … circle by returning to the founder of modern economics, Adam Smith. Sometime in the last 250 years, economists lost sight of … sociality can re-humanize twenty-first century economics by undergirding it with sentiments, fellow feeling, and a sense of …
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