Advances In Experimental Markets
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Author | : Timothy Cason |
Publisher | : Springer Science & Business Media |
Total Pages | : 255 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 3642564488 |
Experimental methods are now a mainstream empirical methodology in economics. The papers in this volume represent some recent developments in research on experimental markets. The articles span a variety of topics related to experimental markets, including auctions, taxation, institutional differences, coordination in markets, and learning. Contributors to the volume include many of the most distinguished researchers in the area.
Author | : Charles Noussair |
Publisher | : John Wiley & Sons |
Total Pages | : 374 |
Release | : 2013-11-27 |
Genre | : Business & Economics |
ISBN | : 1118790685 |
Comprised of 10 surveys by leading scholars, this collection showcases the largest and fastest growing strands of research on market behaviour in experimental economics. Covers topics such as asset markets, contests, environmental policy, frictions, general equilibrium, labour markets, multi-unit auctions, oligopoly markets, and prediction markets Focuses on the literature that has helped economists best understand how markets operate Assesses the impact of developments in theory, policy, and research methods
Author | : Daniel Friedman |
Publisher | : Psychology Press |
Total Pages | : 254 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : 9780415324021 |
This textbook sketches the history of experimental economics before moving on to describe how to set up an economics experiment and to survey selected applications and the latest methods.
Author | : Charles R. Plott |
Publisher | : Elsevier |
Total Pages | : 1175 |
Release | : 2008-08-21 |
Genre | : Business & Economics |
ISBN | : 0444826424 |
While the field of economics makes sharp distinctions and produces precise theory, the work of experimental economics sometimes appears blurred and may produce uncertain results. The contributors to this volume have provided brief notes describing specific experimental results.
Author | : McMaster University. Program for Quantitative Studies in Economics and Population |
Publisher | : Hamilton, Ont. : McMaster University, Program for Quantitative Studies in Economics and Population |
Total Pages | : 28 |
Release | : 1986 |
Genre | : |
ISBN | : |
Author | : Douglas D. Davis |
Publisher | : Princeton University Press |
Total Pages | : 592 |
Release | : 1993-01-03 |
Genre | : Business & Economics |
ISBN | : 9780691043173 |
An examination of an area of economic research whereby economists have begun to use laboratories to evaluate economic propositions under carefully controlled conditions. The authors argue for the effectiveness of this technique in selected circumstances.
Author | : Ross M. Miller |
Publisher | : John Wiley & Sons |
Total Pages | : 344 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : |
Praise for Paving Wall Street "This is a remarkable book that weaves the deep scientific roots of modern finance and modern financial institutions with humorous perspective and considerable wisdom. Few understand the pervasive and complex economic principles that govern our world of finance. Few are aware of the academic and scientific origins of financial practices and market instruments that are commonplace today. Ross Miller uses his experience and talents acquired as an experimental economist to help us understand a world that is contradictory, potentially dangerous, and paradoxical. He entertains us while doing it." --Charles R. Plott, Edward S. Harkness Professor of Economics and Political Science, California Institute of Technology "Decisions by millions of individuals produce the fierce tides and churning seas of Wall Street. Miller wields his microscope in the laboratory of experimental economics to provide a sprightly and insightful analysis of investor behavior." --Richard Zeckhauser, Frank P. Ramsey Professor of Political Economy, John F. Kennedy School of Government, Harvard University "Dramatic new ways for buying and selling-spectrum auctions, e-commerce, derivatives-are the economics profession's contribution to the Information Revolution. This book explains how many of these innovations began with simple experiments at Caltech. The style is a refreshing combination-dramatic and fun to read, but also historically and scientifically accurate. So, I can send one to my Dad, a salesman, and another to my girlfriend, a patent attorney." --Colin Camerer, Rea and Lela Axline Professor of Business Economics, California Institute of Technology "Paving Wall Street is a first-rate insight into bubbles and the experimental research performed on the topic by leading academicians such as Vernon Smith." --David Dreman, Chairman, Dreman Value Management "Academic ideas have revolutionized how Wall Street operates. Entirely new markets have been created. This revolution continues today, accelerated by the rise of increasingly automated markets. Ross Miller has produced a book that makes the leading-edge financial and economic thinking that shapes these new markets accessible to practitioners and professionals. With no equations and a deft touch, this is an excellent guide to the future of greater Wall Street." --David J. Leinweber, PhD, Economics/Social Sciences, California Institute of Technology
Author | : Timothy N. Cason |
Publisher | : |
Total Pages | : 749 |
Release | : 2000 |
Genre | : Economics |
ISBN | : |
Author | : Ana Cordeiro dos Santos |
Publisher | : Routledge |
Total Pages | : 223 |
Release | : 2009-09-11 |
Genre | : Business & Economics |
ISBN | : 1135219680 |
This book develops a framework for the analysis of scientific experimentation and applies it to the experimental field of economics looking at the epistemic role of the participation of human subjects in economics experiments.
Author | : John H. Kagel |
Publisher | : Princeton University Press |
Total Pages | : 742 |
Release | : 2020-05-05 |
Genre | : Business & Economics |
ISBN | : 0691213259 |
This book, which comprises eight chapters, presents a comprehensive critical survey of the results and methods of laboratory experiments in economics. The first chapter provides an introduction to experimental economics as a whole, with the remaining chapters providing surveys by leading practitioners in areas of economics that have seen a concentration of experiments: public goods, coordination problems, bargaining, industrial organization, asset markets, auctions, and individual decision making. The work aims both to help specialists set an agenda for future research and to provide nonspecialists with a critical review of work completed to date. Its focus is on elucidating the role of experimental studies as a progressive research tool so that wherever possible, emphasis is on series of experiments that build on one another. The contributors to the volume--Colin Camerer, Charles A. Holt, John H. Kagel, John O. Ledyard, Jack Ochs, Alvin E. Roth, and Shyam Sunder--adopt a particular methodological point of view: the way to learn how to design and conduct experiments is to consider how good experiments grow organically out of the issues and hypotheses they are designed to investigate.