Showing 1 - 8 of 8
Is the rapid growth of experimental research in economics evidence of a new scientific spirit at work or merely fresh evidence of a misplaced desire to ape the methods of natural sciences? It is often argued that economic experiments are artificial in some sense which tends to render the results...
Persistent link: https://www.econbiz.de/10008621770
I take it that in raising the question "What have we learned from experimental economics" under the broader umbrella of "controversy" the point is not to solicit a catalogue of experimental findings, but rather to signal the more pointed question: are we learning anything at all, or at least...
Persistent link: https://www.econbiz.de/10008621777
This paper outlines a method of procuring the benefits of deception in experiments without actually deceiving subjects, which should be suitable for many experimental economics environments. This is done by a modification of an already standard design, the Random Lottery incentive system, which...
Persistent link: https://www.econbiz.de/10008621783
We compare the random preference, Fechner, and constant error (or "tremble") approaches to the stochastic modelling of choice under risk. Various combinations of these approaches are used with expected utility and rank-dependent theory to generate a set of econometric models. These are estimated...
Persistent link: https://www.econbiz.de/10008621787
I take it that in raising the question "What have we learned from experimental economics" under the broader umbrella of "controversy" the point is not to solicit a catalogue of experimental findings, but rather to signal the more pointed question: are we learning anything at all, or at least...
Persistent link: https://www.econbiz.de/10005781020
We compare the random preference, Fechner, and constant error (or "tremble") approaches to the stochastic modelling of choice under risk. Various combinations of these approaches are used with expected utility and rank-dependent theory to generate a set of econometric models. These are estimated...
Persistent link: https://www.econbiz.de/10005781024
This paper outlines a method of procuring the benefits of deception in experiments without actually deceiving subjects, which should be suitable for many experimental economics environments. This is done by a modification of an already standard design, the Random Lottery incentive system, which...
Persistent link: https://www.econbiz.de/10005486926
Is the rapid growth of experimental research in economics evidence of a new scientific spirit at work or merely fresh evidence of a misplaced desire to ape the methods of natural sciences? It is often argued that economic experiments are artificial in some sense which tends to render the results...
Persistent link: https://www.econbiz.de/10005641406