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Economics is dominated by model building, therefore a comprehension of how such models work is vital to understanding the discipline. This book provides a critical analysis of the economist's favorite tool, and as such will be an enlightening read for some, and an intriguing one for others.
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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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