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.