Handbook of Research Methods and Applications in Experimental Economics
Published on 8. December 2020
Book
Paperback/Softback
448 pages
978-1-80088-133-4 (ISBN)
Description
The first Handbook in economics dedicated to the discussion of the methods of experimental economics, this timely book analyses the current state-of-the-art in the field. The chapters systematically cover the most relevant issues in experimental design and implementation, while also exploring novel research developments.
Offering a comprehensive review of experimental methods in economics, this 21 chapter Handbook covers theoretical and practical issues including: recruitment, software and laboratory organization, incentives, data analysis, and theory and policy development. Expert scholars offer unique insight into laboratory procedures, replication studies, field experiments and neuroeconomics, while also providing a novel set-valued equilibrium concept. The combination of basic methods and current developments will aid both novice and advanced experimental economists.
This is a must-read for economic researchers and scholars using experimental methodology, providing vital reference and clarifying issues that will arise when designing and running experiments. Graduate students of experimental and behavioral economics will also find this a useful guide in learning about the advanced tools this exciting field has to offer.
Offering a comprehensive review of experimental methods in economics, this 21 chapter Handbook covers theoretical and practical issues including: recruitment, software and laboratory organization, incentives, data analysis, and theory and policy development. Expert scholars offer unique insight into laboratory procedures, replication studies, field experiments and neuroeconomics, while also providing a novel set-valued equilibrium concept. The combination of basic methods and current developments will aid both novice and advanced experimental economists.
This is a must-read for economic researchers and scholars using experimental methodology, providing vital reference and clarifying issues that will arise when designing and running experiments. Graduate students of experimental and behavioral economics will also find this a useful guide in learning about the advanced tools this exciting field has to offer.
Reviews / Votes
'This is a wonderful book. It is rare that a book collects chapters that both discuss experimental methods as well as research on the frontiers of knowledge. This is a must-read for both the novice and the veteran experimentalist as well as those outside the field'--Andrew Schotter, New York University, US
More details
Series
Language
English
Place of publication
Cheltenham
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 244 mm
Width: 169 mm
ISBN-13
978-1-80088-133-4 (9781800881334)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Edited by Arthur Schram, Amsterdam School of Economics, the Netherlands and European University Institute, Italy and Aljaz Ule, Amsterdam School of Economics, the Netherlands and University of Primorska, Slovenia
Content
Contents:
Introduction
Arthur Schram and Aljaz Ule
Part I Methods of Experimental Economics
1. Incentives
James C. Cox and Vjollca Sadiraj
2. Deception
Andreas Ortmann
3. Preference Measurement and Manipulation in Experimental Economics
Hande Erkut and Ernesto Reuben
4. Data Analysis
Peter G. Moffatt
5. Replication and other Practices for Improving Scientific Quality in Experimental Economics
Colin F. Camerer, Anna Dreber, and Magnus Johannesson
Part II Field Experiments
6. Advantages and Disadvantages of Field Experiments
Anya Samek
7. Randomization in Field Experiments
Noemi Peter and Adriaan R. Soetevent
Part III Neuroeconomics
8. Brain Measurement and Manipulation Methods
Jan B. Engelmann, Manon Mulckhuyse, and Chih-Chung Ting
9. An Introduction to Physiological Economics
Oliver J. Hulme, Edward J.D. Webb, and Alexander C. Sebald
10. Neuroeconomics: Data Analysis
Mael Lebreton and Kerstin Preuschoff
11. Homo Oeconomicus with a Personality-Trait-based Differences in Decision Making
Carsten K.W. De Dreu and Joerg Gross
Part IV Developing Economic Theory and Policy
12. Taking Process into Account when Modelling Risky Choice
Graham Loomes
13. Rank-Dependent Choice Equilibrium: A Non-Parametric Generalization of QRE
Jacob K. Goeree, Charles A. Holt, Philippos Louis, Thomas R. Palfrey, and Brian Rogers
14. Experiments on Macroeconomics: Methods and Applications
Camille Cornand and Frank Heinemann
15. The Role of Experiments for Policy Design
Peter Werner and Arno Riedl
Part V Experimental Procedures
16. Subject Pools and Recruitment
Ben Greiner and Marianne Stephanides
17. Software and Laboratory Organization
Joep Sonnemans and Ailko van der Veen
18. Cross-Cultural Behavioral Experiments: Potential and Challenges
Christian Thoeni
19. Real-Effort Tasks
Jeffrey Carpenter and Emiliano Huet-Vaughn
20. Experimenter Demand Effects
Jonathan de Quidt, Lise Vesterlund, and Alistair J. Wilson
21. Communication in Laboratory Experiments
Jordi Brandts, David J. Cooper, and Christina Rott
Index
Introduction
Arthur Schram and Aljaz Ule
Part I Methods of Experimental Economics
1. Incentives
James C. Cox and Vjollca Sadiraj
2. Deception
Andreas Ortmann
3. Preference Measurement and Manipulation in Experimental Economics
Hande Erkut and Ernesto Reuben
4. Data Analysis
Peter G. Moffatt
5. Replication and other Practices for Improving Scientific Quality in Experimental Economics
Colin F. Camerer, Anna Dreber, and Magnus Johannesson
Part II Field Experiments
6. Advantages and Disadvantages of Field Experiments
Anya Samek
7. Randomization in Field Experiments
Noemi Peter and Adriaan R. Soetevent
Part III Neuroeconomics
8. Brain Measurement and Manipulation Methods
Jan B. Engelmann, Manon Mulckhuyse, and Chih-Chung Ting
9. An Introduction to Physiological Economics
Oliver J. Hulme, Edward J.D. Webb, and Alexander C. Sebald
10. Neuroeconomics: Data Analysis
Mael Lebreton and Kerstin Preuschoff
11. Homo Oeconomicus with a Personality-Trait-based Differences in Decision Making
Carsten K.W. De Dreu and Joerg Gross
Part IV Developing Economic Theory and Policy
12. Taking Process into Account when Modelling Risky Choice
Graham Loomes
13. Rank-Dependent Choice Equilibrium: A Non-Parametric Generalization of QRE
Jacob K. Goeree, Charles A. Holt, Philippos Louis, Thomas R. Palfrey, and Brian Rogers
14. Experiments on Macroeconomics: Methods and Applications
Camille Cornand and Frank Heinemann
15. The Role of Experiments for Policy Design
Peter Werner and Arno Riedl
Part V Experimental Procedures
16. Subject Pools and Recruitment
Ben Greiner and Marianne Stephanides
17. Software and Laboratory Organization
Joep Sonnemans and Ailko van der Veen
18. Cross-Cultural Behavioral Experiments: Potential and Challenges
Christian Thoeni
19. Real-Effort Tasks
Jeffrey Carpenter and Emiliano Huet-Vaughn
20. Experimenter Demand Effects
Jonathan de Quidt, Lise Vesterlund, and Alistair J. Wilson
21. Communication in Laboratory Experiments
Jordi Brandts, David J. Cooper, and Christina Rott
Index