Experimental and Behavorial Economics (Hardcover)

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.

General

Imprint:	JAI Press Inc.
Country of origin:	United States
Series:	Advances in Applied Microeconomics
Release date:	July 2005
First published:	2005
Editors:	J. Morgan
Dimensions:	234 x 156 x 12mm (L x W x T)
Format:	Hardcover
Pages:	204
ISBN-13:	978-0-7623-1194-1
Categories:	Books > Business & Economics > Economics > General Promotions
LSN:	0-7623-1194-0
Barcode:	9780762311941

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!