Handbook of Experimental Economic Methodology

Hardcover | January 14, 2015

EditorGuillaume R. Frechette, Andrew Schotter

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The Handbook of Experimental Economic Methodology, edited by Guillaume R. Frechette and Andrew Schotter, aims to confront and debate the issues faced by the growing field of experimental economics. For example, as experimental work attempts to test theory, it raises questions about the properrelationship between theory and experiments. As experimental results are used to inform policy, the utility of these results outside the lab is questioned, and finally, as experimental economics tries to integrate ideas from other disciplines like psychology and neuroscience, the question of theirproper place in the discipline of economics becomes less clear.This book contains papers written by some of the most accomplished scholars working at the intersection of experimental, behavioral, and theoretical economics talking about methodology. It is divided into four sections, each of which features a set of papers and a set of comments on those papers.The intention of the volume is to offer a place where ideas about methodology could be discussed and even argued. Some of the papers are contentious - a healthy sign of a dynamic discipline - while others lay out a vision for how the authors think experimental economics should be pursued. This exciting and illuminating collection of papers brings light to a topic at the core of experimental economics. Researchers from a broad range of fields will benefit from the exploration of these important questions.

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The Handbook of Experimental Economic Methodology, edited by Guillaume R. Frechette and Andrew Schotter, aims to confront and debate the issues faced by the growing field of experimental economics. For example, as experimental work attempts to test theory, it raises questions about the properrelationship between theory and experiments....

Guillaume R. Frechette is Associate Professor of Economics at New York University. Andrew Schotter is Professor of Economics at New York University and Director of NYU's Center for Experimental Social Science.

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Format:HardcoverDimensions:496 pages, 10.12 × 7.2 × 1.3 inPublished:January 14, 2015Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0195328329

ISBN - 13:9780195328325

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Table of Contents

PART ONE: IS EXPERIMENTAL ECONOMICS LIVING UP TO ITS PROMISE?1. Alvin E. Roth: Is Experimental Economics Living Up to Its Promise?PART TWO: THE RELATIONSHIP OF ECONOMIC THEORY TO EXPERIMENTS2. David K. Levine and Jie Zheng: The Relationship of Economic Theory to Experiments3. Andrew Schotter: On the Relationship Between Economic Theory and Experiments4. Andrew Caplin and Mark Dean: Enhanced Choice Experiments5. Muriel Niederle: Intelligent Design: The Relationship of Economic Theory to Experiments: Treatment driven ExperimentsShorter Papers and Comments:6. Leeat Yariv: The Interplay between Theory and Experiments7. Martin Dufwenberg: Maxims for Experimenters8. Uri Gneezy and Pedro Rey-Biel: What is an Economic Theory That Can Inform Experiments?PART THREE: PSYCHOLOGY AND ECONOMICS: A COMPARISON OF METHODS9. Ido Erev and Ben Greiner: The 1-800 Critique, Counter-Examples, and the Future of Behavioral Economics10. J. Keith Murnighan: A General Model for Experimental Inquiry in Economics and Social Psychology11. Tom R. Tyler and David Amodio: Psychology and Economics: Areas of Convergence and DifferenceShorter Papers and Comments:12. Gary Charness: The Hammer and the Screwdriver13. Theo Offerman: Discussion of "Psychology and Economics: Areas of Convergence and Difference"PART FOUR: THE LAB AND THE FIELDSteven D. Levitt and John A. List: Reprint: What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World?14. Colin F. Camerer: The Promise and Success of Lab-Field Generalizability in Experimental Economics: A Critical Reply to Levitt and List15. Glenn W. Harrison, Morten Lau, and E. Elisabet Rutstrom: Theory, Experimental Design and Econometrics Are Complementary (And So Are Lab and Field Experiments)16. John H. Kagel: Laboratory Experiments: The Lab in Relationship to Field Experiments, Field Data and Economic Theory17. Guillaume R. Frechette: Laboratory Experiments: Professionals versus StudentsShorter Papers and Comments:18. Judd Kessler and Lise Vesterlund: The External Validity of Laboratory Experiments: The Misleading Emphasis on Quantitative Effects19. David Reiley: The Lab and the Field: Empirical and Experimental Economics20. Omar Al-Ubaydli and John A. List: On the Generalizability of Experimental Results in Economics