Methods in Experimental Economics
Description
This textbook provides a hands-on and intuitive overview of the methodological foundations of experimental economics. Experimental economic research has been an integral part of economic science for quite some time and is gaining more and more attention in related disciplines.
The book addresses the design and execution of experiments, the evaluation of experimental data and the equipment of an experimental laboratory. It illustrates the challenges involved in designing and conducting experiments and helps the reader to address them in practice.
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Joachim Weimann is a professor at the Otto von Guericke University Magdeburg, executive director of the Magdeburg Laboratory for Experimental Economic Research (MaXLab) and chairman of the Society for Experimental Economic Research, the world's oldest association of experimental economists. In addition to experimental economic research, his scientific interests include labor market research, happiness research and environmental economics.
Jeannette Brosig-Koch is a professor at the University of Duisburg-Essen, founding director of the Essen Laboratory for Experimental Economic Research (elfe) and chairwoman of the Social Sciences Committee of the Verein für Socialpolitik. Her research deals with various issues in the field of experimental health economics and market design.