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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 … relevant theory. At a recent conference, a question was asked about where experimental methods might be more useful than field …
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polynomial of degree N-1. In order to deal with the intricacy of the resulting evolutionary dynamics, we make use of the theory … of polynomials in Bernstein form. This theory implies a tight link between the sign pattern of the gains from switching …
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We compare a partners condition where the same small group of subjects plays arepeated public good game to astrangers condition where subjects play this game in changing group formations.Subjects in the partners conditioncontribute from the first period on significantly more to the public good...
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Standard international economic theory suggests that people should embrace economic integration because it promises … experiment, based on a strategic analytical framework, of how size and distribution of potential gains from integration influence … theory should account for distributional considerations and behavioral aspects it currently ignores. …
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