Problems Methods And Tools In Experimental And Behavioral Economics

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Problems, Methods and Tools in Experimental and Behavioral Economics

Author : Kesra Nermend,Małgorzata Łatuszyńska
Publisher : Springer
Page : 342 pages
File Size : 54,8 Mb
Release : 2018-09-18
Category : Business & Economics
ISBN : 9783319991870

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Problems, Methods and Tools in Experimental and Behavioral Economics by Kesra Nermend,Małgorzata Łatuszyńska Pdf

These proceedings highlight research on the latest trends and methods in experimental and behavioral economics. Featuring contributions presented at the 2017 Computational Methods in Experimental Economics (CMEE) conference, which was held in Lublin, Poland, it merges findings from various domains to present deep insights into topics such as game theory, decision theory, cognitive neuroscience and artificial intelligence. The fields of experimental economics and behavioral economics are rapidly evolving. Modern applications of experimental economics require the integration of know-how from disciplines including economics, computer science, psychology and neuroscience. The use of computer technology enhances researchers’ ability to generate and analyze large amounts of data, allowing them to use non-standard methods of data logging for experiments such as cognitive neuronal methods. Experiments are currently being conducted with software that, on the one hand, provides interaction with the people involved in experiments, and on the other helps to accurately record their responses. The goal of the CMEE conference and the papers presented here is to provide the scientific community with essential research on and applications of computer methods in experimental economics. Combining theories, methods and regional case studies, the book offers a valuable resource for all researchers, scholars and policymakers in the areas of experimental and behavioral economics.

Handbook of Research Methods and Applications in Experimental Economics

Author : Arthur Schram,Aljaž Ule
Publisher : Edward Elgar Publishing
Page : 448 pages
File Size : 48,6 Mb
Release : 2019
Category : Business & Economics
ISBN : 9781788110563

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Handbook of Research Methods and Applications in Experimental Economics by Arthur Schram,Aljaž Ule Pdf

This volume offers a comprehensive review of experimental methods in economics. Its 21 chapters cover theoretical and practical issues such as incentives, theory and policy development, data analysis, recruitment, software and laboratory organization. The Handbook includes separate parts on procedures, field experiments and neuroeconomics, and provides the first methodological overview of replication studies and a novel set-valued equilibrium concept. As a whole, the combination of basic methods and current developments will aid both beginners and advanced experimental economists.

Methods in Experimental Economics

Author : Joachim Weimann,Jeannette Brosig-Koch
Publisher : Springer
Page : 317 pages
File Size : 51,9 Mb
Release : 2019-07-12
Category : Business & Economics
ISBN : 9783319933634

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Methods in Experimental Economics by Joachim Weimann,Jeannette Brosig-Koch Pdf

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.

The Art of Experimental Economics

Author : Gary Charness,Mark Pingle
Publisher : Routledge
Page : 266 pages
File Size : 41,9 Mb
Release : 2021-08-27
Category : Business & Economics
ISBN : 9781000423020

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The Art of Experimental Economics by Gary Charness,Mark Pingle Pdf

Applying experimental methods has become one of the most powerful and versatile ways to obtain economic insights, and experimental economics has especially supported the development of behavioral economics. The Art of Experimental Economics identifies and reviews 20 of the most important papers to have been published in experimental economics in order to highlight the power and methods of this area, and provides many examples of findings in behavioral economics that have extended knowledge in the economics discipline as a whole. Chosen through a combination of citations, recommendations by scholars in the field, and voting by members of leading societies, the 20 papers under review – some by Nobel prize-winning economists – run the full gamut of experimental economics from theoretical expositions to applications demonstrating experimental economics in action. Also written by a leading experimental economist, each chapter provides a brief summary of the paper, makes the case for why that paper is one of the top 20 in the field, discusses the use made of the experimental method, and considers related work to provide context for each paper. These reviews quickly expose readers to the breadth of application possibilities and the methodological issues, leaving them with a firm understanding of the legacy of the papers’ contributions. This text provides a survey of some of the very best research in experimental and behavioral economics and is a valuable resource for scholars and economics instructors, students seeking to develop capability in applying experimental methods, and economics researchers who wish to further explore the experimental approach.

Experimental Economics

Author : Nicholas Bardsley,Robin Cubitt,Graham Loomes,Peter Moffat,Chris Starmer,Robert Sugden
Publisher : Princeton University Press
Page : 385 pages
File Size : 42,8 Mb
Release : 2010
Category : Business & Economics
ISBN : 9780691124797

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Experimental Economics by Nicholas Bardsley,Robin Cubitt,Graham Loomes,Peter Moffat,Chris Starmer,Robert Sugden Pdf

The authors explore the history of experiments in economics, provide examples of different types of experiments and show that the growing use of experimental methods is transforming economics into an empirical science. They explain that progress is being held back and debate on how to overcome these limitations.

Handbook of Experimental Economic Methodology

Author : Guillaume R. Fréchette,Andrew Schotter
Publisher : Oxford University Press
Page : 416 pages
File Size : 48,6 Mb
Release : 2015-01-02
Category : Business & Economics
ISBN : 9780190202163

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Handbook of Experimental Economic Methodology by Guillaume R. Fréchette,Andrew Schotter Pdf

The Handbook of Experimental Economic Methodology, edited by Guillaume R. Fréchette 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 proper relationship 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 their proper 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.

The Handbook of Experimental Economics

Author : John H. Kagel,Alvin E. Roth
Publisher : Princeton University Press
Page : 742 pages
File Size : 48,8 Mb
Release : 2020-05-05
Category : Business & Economics
ISBN : 9780691213255

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The Handbook of Experimental Economics by John H. Kagel,Alvin E. Roth Pdf

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.

Selected Issues in Experimental Economics

Author : Kesra Nermend,Małgorzata Łatuszyńska
Publisher : Springer
Page : 385 pages
File Size : 47,8 Mb
Release : 2016-03-24
Category : Business & Economics
ISBN : 9783319284194

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Selected Issues in Experimental Economics by Kesra Nermend,Małgorzata Łatuszyńska Pdf

The aim of this volume is to provide deep insights and the latest scientific developments and trends in experimental economics. Derived from the 2015 Computational Methods in Experimental Economics (CMEE) conference, this book features papers containing research and analysis of economic experiments concerning research in such areas as management science, decision theory, game theory, marketing and political science. The goal is to present possibilities for using various computer methods in the scope of experimental economics to further provide researchers with a wide variety of tools. The field of experimental economics is rapidly evolving. Modern use of experimental economics requires the integration of knowledge in the domains of economic sciences, computer science, psychology, and neuroscience. Recent research includes experiments conducted both in the laboratory and in the field, and the results are used for testing and a better understanding of economic theories. Researchers working in this field use mainly a set of well-established methods and computer tools that support the experiments. Methods such as artificial intelligence, computer simulation and computer graphics, however, are not represented enough in experimental economics studies and most experimenters do not consider their usage. The goal of the conference and the enclosed papers is to allow for an exchange of experiences and to promote joint initiatives to insight change in this trend.

Behavioural and Experimental Economics

Author : Steven Durlauf,L. Blume
Publisher : Springer
Page : 267 pages
File Size : 41,9 Mb
Release : 2016-04-30
Category : Business & Economics
ISBN : 9780230280786

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Behavioural and Experimental Economics by Steven Durlauf,L. Blume Pdf

Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.

Experimental and Quantitative Methods in Contemporary Economics

Author : Kesra Nermend,Małgorzata Łatuszyńska
Publisher : Springer Nature
Page : 379 pages
File Size : 42,6 Mb
Release : 2019-10-12
Category : Business & Economics
ISBN : 9783030302511

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Experimental and Quantitative Methods in Contemporary Economics by Kesra Nermend,Małgorzata Łatuszyńska Pdf

Contemporary economists, when analyzing economic behavior of people, need to use the diversity of research methods and modern ways of discovering knowledge. The increasing popularity of using economic experiments requires the use of IT tools and quantitative methods that facilitate the analysis of the research material obtained as a result of the experiments and the formulation of correct conclusions. This proceedings volume presents problems in contemporary economics and provides innovative solutions using a range of quantitative and experimental tools. Featuring selected contributions presented at the 2018 Computational Methods in Experimental Economics Conference (CMEE 2018), this book provides a modern economic perspective on such important issues as: sustainable development, consumption, production, national wealth, the silver economy, behavioral finance, economic and non-economic factors determining the behavior of household members, consumer preferences, social campaigns, and neuromarketing. International case studies are also offered.

Diversity of Experimental Methods in Economics

Author : Toshiji Kawagoe,Hirokazu Takizawa
Publisher : Springer
Page : 203 pages
File Size : 41,8 Mb
Release : 2019-02-09
Category : Business & Economics
ISBN : 9789811360657

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Diversity of Experimental Methods in Economics by Toshiji Kawagoe,Hirokazu Takizawa Pdf

This is the first book that examines the diverse range of experimental methods currently being used in the social sciences, gathering contributions by working economists engaged in experimentation, as well as by a political scientist, psychologists and philosophers of the social sciences. Until the mid-twentieth century, most economists believed that experiments in the economic sciences were impossible. But that’s hardly the case today, as evinced by the fact that Vernon Smith, an experimental economist, and Daniel Kahneman, a behavioral economist, won the Nobel Prize in Economics in 2002. However, the current use of experimental methods in economics is more diverse than is usually assumed. As the concept of experimentation underwent considerable abstraction throughout the twentieth century, the areas of the social sciences in which experiments are applied are expanding, creating renewed interest in, and multifaceted debates on, the way experimental methods are used. This book sheds new light on the diversity of experimental methodologies used in the social sciences. The topics covered include historical insights into the evolution of experimental methods; the necessary “performativity” of experiments, i.e., the dynamic interaction with the social contexts in which they are embedded; the application of causal inferences in the social sciences; a comparison of laboratory, field, and natural experiments; and the recent use of randomized controlled trials (RCTs) in development economics. Several chapters also deal with the latest heated debates, such as those concerning the use of the random lottery method in laboratory experiments.

Experimental Economics

Author : Nicolas Jacquemet,Olivier L'Haridon
Publisher : Cambridge University Press
Page : 475 pages
File Size : 55,6 Mb
Release : 2018-11-29
Category : Business & Economics
ISBN : 9781107060272

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Experimental Economics by Nicolas Jacquemet,Olivier L'Haridon Pdf

Over the past two decades, experimental economics has moved from a fringe activity to become a standard tool for empirical research. With experimental economics now regarded as part of the basic tool-kit for applied economics, this book demonstrates how controlled experiments can be a useful in providing evidence relevant to economic research. Professors Jacquemet and L'Haridon take the standard model in applied econometrics as a basis to the methodology of controlled experiments. Methodological discussions are illustrated with standard experimental results. This book provides future experimental practitioners with the means to construct experiments that fit their research question, and new comers with an understanding of the strengths and weaknesses of controlled experiments. Graduate students and academic researchers working in the field of experimental economics will be able to learn how to undertake, understand and criticise empirical research based on lab experiments, and refer to specific experiments, results or designs completed with case study applications.

Effective Investments on Capital Markets

Author : Waldemar Tarczyński,Kesra Nermend
Publisher : Springer
Page : 510 pages
File Size : 48,5 Mb
Release : 2019-07-17
Category : Business & Economics
ISBN : 9783030212742

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Effective Investments on Capital Markets by Waldemar Tarczyński,Kesra Nermend Pdf

This proceedings volume presents current research and innovative solutions into capital markets, particularly in Poland. Featuring contributions presented at the 10th Capital Market Effective Investments (CMEI 2018) conference held in Międzyzdroje, Poland, this book explores the future of capital markets in Poland as well as comparing it with the capital markets of other developed regions around the world. Divided into four parts, the enclosed papers provide a background into the theoretical foundations of capital market investments, explores different approaches—both classical and contemporary—to investment decision making, analyzes the behaviors of investors using experimental economics and behavioral finance, and explores practical issues related to financial market investments, including real case studies. In addition, each part of the book begins with an introductory chapter written by thematic editors that provides an outline of the subject area and a summary of the papers presented.

Classification and Data Analysis

Author : Krzysztof Jajuga,Jacek Batóg,Marek Walesiak
Publisher : Springer Nature
Page : 334 pages
File Size : 46,6 Mb
Release : 2020-08-28
Category : Business & Economics
ISBN : 9783030523480

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Classification and Data Analysis by Krzysztof Jajuga,Jacek Batóg,Marek Walesiak Pdf

This volume gathers peer-reviewed contributions on data analysis, classification and related areas presented at the 28th Conference of the Section on Classification and Data Analysis of the Polish Statistical Association, SKAD 2019, held in Szczecin, Poland, on September 18–20, 2019. Providing a balance between theoretical and methodological contributions and empirical papers, it covers a broad variety of topics, ranging from multivariate data analysis, classification and regression, symbolic (and other) data analysis, visualization, data mining, and computer methods to composite measures, and numerous applications of data analysis methods in economics, finance and other social sciences. The book is intended for a wide audience, including researchers at universities and research institutions, graduate and doctoral students, practitioners, data scientists and employees in public statistical institutions.

Handbook of Contemporary Behavioral Economics

Author : Morris Altman
Publisher : Routledge
Page : 784 pages
File Size : 44,6 Mb
Release : 2015-01-30
Category : Business & Economics
ISBN : 9781317469155

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Handbook of Contemporary Behavioral Economics by Morris Altman Pdf

At a time when both scholars and the public demand explanations and answers to key economic problems that conventional approaches have failed to resolve, this groundbreaking handbook of original works by leading behavioral economists offers the first comprehensive articulation of behavioral economics theory. Borrowing from the findings of psychologists, sociologists, political scientists, legal scholars, and biologists, among others, behavioral economists find that intelligent individuals often tend not to behave as effectively or efficiently in their economic decisions as long held by conventional wisdom. The manner in which individuals actually do behave critically depends on psychological, institutional, cultural, and even biological considerations. "Handbook of Contemporary Behavioral Economics" includes coverage of such critical areas as the Economic Agent, Context and Modeling, Decision Making, Experiments and Implications, Labor Issues, Household and Family Issues, Life and Death, Taxation, Ethical Investment and Tipping, and Behavioral Law and Macroeconomics. Each contribution includes an extensive bibliography.