Experimental Economics
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See: Behavioral Economics, Experimental Economics, Dictator Game, Ultimatum Game, Third-Party Punishment Game.
References
2010
- http://en.wikipedia.org/wiki/Experimental_economics
- Experimental economics is the application of experimental methods to study economic questions. Experiments are used to test the validity of economic theories and test-bed new market mechanisms. Using cash-motivated subjects, economic experiments create real-world incentives to help us better understand why markets and other exchange systems work the way they do. Experiments may be conducted in laboratory settings or in the field. Experiments are also used in the teaching of economics.
- … Economics experiments can be loosely classified into the following topics: Markets, Games, Decision making, Bargaining, Auctions, Coordination, Social Preferences, Learning, Matching, and Field Experiments.