Experimental and behavorial economics:
As demand to substantiate predictions from economic theory with causal empirical evidence increases, economists have more and more turned towards controlled laboratory experiments. As this field has blossomed it has provided evidence confirming some of the key predictions of economic theory and expo...
Gespeichert in:
Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Bingley, U.K.
Emerald
2005
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Schriftenreihe: | Advances in applied microeconomics
v. 13 |
Schlagworte: | |
Online-Zugang: | DE-634 DE-1043 DE-M347 DE-523 DE-91 DE-473 DE-19 DE-355 DE-703 DE-20 DE-706 DE-824 DE-29 DE-739 DE-1046 URL des Erstveröffentlichers |
Zusammenfassung: | As demand to substantiate predictions from economic theory with causal empirical evidence increases, economists have more and more turned towards controlled laboratory experiments. As this field has blossomed it has provided evidence confirming some of the key predictions of economic theory and exposed some of the weaker theoretical predictions. This has resulted in a symbiotic relationship where experimental evidence not only is used to support theoretical conclusions but has pointed economists into bold and exciting new areas of investigation. In this volume, I am proud to present some of the most stimulating work in this field. The first three chapters provide a fresh look at some of the classical issues in experimental economics. These papers provide novel insights into psychology in ultimatum games, the impact of social interaction on learning, and communication in coordination games. The next two chapters look at how experiments can illuminate our understanding of what determines trust. These papers examine how monitoring within an organization influences trust, as well as examining how individual political ideologies are related to an individuals level of trust. The final two chapters show how experiments can be fruitfully applied to vertical relationships and auction design, two of the most important areas in contemporary contract theory |
Beschreibung: | 1 Online-Ressource (viii, 193 Seiten) |
ISBN: | 9781849503372 |
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contents | Gain and loss ultimatums / Nancy Buchan, Rachel Croson, Eric Johnson, George Wu -- Do liberals play nice? The effects of Party and political ideology in public goods and trust games / Lisa R. Anderson, Jennifer M. Mellor, Jeffrey Milyo -- An economics wind tunnel : the science of business engineering / Kay-Yut Chen -- Experiments on auction valuation and endogenous entry / Richard Engelbrecht-Wiggans, Elena Katok -- Behavioral aspects of learning in social networks : an experimental study / Syngjoo Choi, Douglas Gale, Shachar Kariv -- Communication and efficiency in coordination game experiments / Anthony Burton, Graham Loomes, Martin Sefton -- Trust but verify : monitoring in interdependent relationships / Maurice E. Schweitzer, Teck H. Ho |
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spelling | Experimental and behavorial economics edited by John Morgan Bingley, U.K. Emerald 2005 1 Online-Ressource (viii, 193 Seiten) c rdamedia cr rdacarrier Advances in applied microeconomics v. 13 Gain and loss ultimatums / Nancy Buchan, Rachel Croson, Eric Johnson, George Wu -- Do liberals play nice? The effects of Party and political ideology in public goods and trust games / Lisa R. Anderson, Jennifer M. Mellor, Jeffrey Milyo -- An economics wind tunnel : the science of business engineering / Kay-Yut Chen -- Experiments on auction valuation and endogenous entry / Richard Engelbrecht-Wiggans, Elena Katok -- Behavioral aspects of learning in social networks : an experimental study / Syngjoo Choi, Douglas Gale, Shachar Kariv -- Communication and efficiency in coordination game experiments / Anthony Burton, Graham Loomes, Martin Sefton -- Trust but verify : monitoring in interdependent relationships / Maurice E. Schweitzer, Teck H. Ho As demand to substantiate predictions from economic theory with causal empirical evidence increases, economists have more and more turned towards controlled laboratory experiments. As this field has blossomed it has provided evidence confirming some of the key predictions of economic theory and exposed some of the weaker theoretical predictions. This has resulted in a symbiotic relationship where experimental evidence not only is used to support theoretical conclusions but has pointed economists into bold and exciting new areas of investigation. In this volume, I am proud to present some of the most stimulating work in this field. The first three chapters provide a fresh look at some of the classical issues in experimental economics. These papers provide novel insights into psychology in ultimatum games, the impact of social interaction on learning, and communication in coordination games. The next two chapters look at how experiments can illuminate our understanding of what determines trust. These papers examine how monitoring within an organization influences trust, as well as examining how individual political ideologies are related to an individuals level of trust. The final two chapters show how experiments can be fruitfully applied to vertical relationships and auction design, two of the most important areas in contemporary contract theory Business & Economics Economics Economics Managerial economics Microeconomics Morgan, John Sonstige oth https://www.emerald.com/insight/publication/doi/10.1016/S0278-0984(2005)13 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Experimental and behavorial economics Gain and loss ultimatums / Nancy Buchan, Rachel Croson, Eric Johnson, George Wu -- Do liberals play nice? The effects of Party and political ideology in public goods and trust games / Lisa R. Anderson, Jennifer M. Mellor, Jeffrey Milyo -- An economics wind tunnel : the science of business engineering / Kay-Yut Chen -- Experiments on auction valuation and endogenous entry / Richard Engelbrecht-Wiggans, Elena Katok -- Behavioral aspects of learning in social networks : an experimental study / Syngjoo Choi, Douglas Gale, Shachar Kariv -- Communication and efficiency in coordination game experiments / Anthony Burton, Graham Loomes, Martin Sefton -- Trust but verify : monitoring in interdependent relationships / Maurice E. Schweitzer, Teck H. Ho Business & Economics Economics Economics Managerial economics Microeconomics |
title | Experimental and behavorial economics |
title_auth | Experimental and behavorial economics |
title_exact_search | Experimental and behavorial economics |
title_exact_search_txtP | Experimental and behavorial economics |
title_full | Experimental and behavorial economics edited by John Morgan |
title_fullStr | Experimental and behavorial economics edited by John Morgan |
title_full_unstemmed | Experimental and behavorial economics edited by John Morgan |
title_short | Experimental and behavorial economics |
title_sort | experimental and behavorial economics |
topic | Business & Economics Economics Economics Managerial economics Microeconomics |
topic_facet | Business & Economics Economics Managerial economics Microeconomics |
url | https://www.emerald.com/insight/publication/doi/10.1016/S0278-0984(2005)13 |
work_keys_str_mv | AT morganjohn experimentalandbehavorialeconomics |