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Experimental Economics
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Experimental Economics Hardcover - 1993

by Douglas D. Davis; Charles A. Holt


From the publisher

A small but increasing number of economists have begun to use laboratory experiments to evaluate economic propositions under carefully controlled conditions. Experimental Economics is the first comprehensive treatment of this rapidly growing area of research. While the book acknowledges that laboratory experiments are no panacea, it argues cogently for their effectiveness in selected situations. Covering methodological and procedural issues as well as theory, Experimental Economics is not only a textbook but also a useful introduction to laboratory methods for professional economists. Although the authors present some new material, their emphasis is on organizing and evaluating existing results. The book can be used as an anchoring device for a course at either the graduate or advanced undergraduate level. Applications include financial market experiments, oligopoly price competition, auctions, bargaining, provision of public goods, experimental games, and decision making under uncertainty. The book also contains instructions for a variety of laboratory experiments.

Details

  • Title Experimental Economics
  • Author Douglas D. Davis; Charles A. Holt
  • Binding Hardcover
  • Edition [ Edition: Repri
  • Pages 584
  • Volumes 1
  • Language ENG
  • Publisher Princeton University Press, Princeton, New Jersey
  • Date 1993-01-03
  • ISBN 9780691043173 / 0691043175
  • Weight 2.26 lbs (1.03 kg)
  • Dimensions 9.55 x 6.47 x 1.69 in (24.26 x 16.43 x 4.29 cm)
  • Library of Congress subjects Economics - Methodology
  • Library of Congress Catalog Number 92027662
  • Dewey Decimal Code 330.072

About the author

Douglas D. Davis has worked at the Federal Trade Commission and is currently Assistant Professor of Economics at Virginia Commonwealth University. Charles A. Holt is Professor of Economics at the University of Virginia and president of the Economic Science Association, a professional association of economists with interests in laboratory research. The authors have written articles on a wide range of topics in experimental economics.
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