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Microeconomics: Optimization, Experiments, and Behavior

John P. Burkett

Published in print:
2006
Published Online:
October 2011
ISBN:
9780195189629
eISBN:
9780199850778
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189629.001.0001
Subject:
Economics and Finance, Microeconomics

This book presents microeconomics as an evolving science, interacting with mathematics, psychology, and other disciplines and offering solutions to a growing range of practical problems. It gives ... More


Understanding natural resource users' incentives

E. J. Milner-Gulland and Marcus Rowcliffe

in Conservation and Sustainable Use: A Handbook of Techniques

Published in print:
2007
Published Online:
January 2008
ISBN:
9780198530367
eISBN:
9780191713095
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198530367.003.0003
Subject:
Biology, Biodiversity / Conservation Biology

This chapter summarizes the methods available for collecting data about people's motivations for natural resource use, thus providing information on the social and economic facets of sustainability. ... More


How to Do Participatory ABMS

Michael J. North and Charles M. Macal

in Managing Business Complexity: Discovering Strategic Solutions with Agent-Based Modeling and Simulation

Published in print:
2007
Published Online:
September 2007
ISBN:
9780195172119
eISBN:
9780199789894
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195172119.003.0009
Subject:
Business and Management, Strategy

This chapter discusses participatory agent-based modeling and simulation (ABMS). The relationship between participatory ABMS and experimental economics is also considered.


Measuring Social Norms and Preferences Using Experimental Games: A Guide for Social Scientist s

Colin F. Camerer and Ernst Fehr

in Foundations of Human Sociality: Economic Experiments and Ethnographic Evidence from Fifteen Small-Scale Societies

Published in print:
2004
Published Online:
January 2005
ISBN:
9780199262052
eISBN:
9780191601637
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199262055.003.0003
Subject:
Economics and Finance, Microeconomics

The work of the cross‐cultural behavioural experiments project presented in this book is rooted in the logic of game theory and the practices of experimental economics, and this chapter provides an ... More


Beautiful Game Theory: How Soccer Can Help Economics

Ignacio Palacios-Huerta

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691144023
eISBN:
9781400850310
Item type:
book
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691144023.001.0001
Subject:
Economics and Finance, History of Economic Thought

A wealth of research in recent decades has seen the economic approach to human behavior extended over many areas previously considered to belong to sociology, political science, law, and other ... More


Introduction and Guide to the Volume

Joseph Henrich, Robert Boyd, Samuel Bowles, Colin F. Camerer, Ernst Fehr, and Herbert Gintis

in Foundations of Human Sociality: Economic Experiments and Ethnographic Evidence from Fifteen Small-Scale Societies

Published in print:
2004
Published Online:
January 2005
ISBN:
9780199262052
eISBN:
9780191601637
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199262055.003.0001
Subject:
Economics and Finance, Microeconomics

The origin and history of the (social) Preferences Network research project whose results are reported in the book is described. It is one of the research networks in the MacArthur Foundation style ... More


On Sleeping Too Well: In Search of Professional Economic Ethics

George F. DeMartino

in The Economist’s Oath: On the Need for and Content of Professional Economic Ethics

Published in print:
2011
Published Online:
September 2011
ISBN:
9780199730568
eISBN:
9780199896776
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199730568.003.0011
Subject:
Economics and Finance, Public and Welfare

This chapter begins to explore the content of the proposed field of professional economic ethics. It examines a range of ethical challenges that academic and applied economist face in their work, and ... More


What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World?

Steven D. Levitt and John A. List

in Handbook of Experimental Economic Methodology

Published in print:
2015
Published Online:
March 2015
ISBN:
9780195328325
eISBN:
9780190202187
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328325.003.0015
Subject:
Economics and Finance, Behavioural Economics

The chapter starts by presenting a simple model in which utility maximization is influenced not only by wealth-maximization, but also by an individual's desire to make the right moral choice. It then ... More


Foundations of Human Sociality: Economic Experiments and Ethnographic Evidence from Fifteen Small-Scale Societies

Joseph Henrich, Robert Boyd, Samuel Bowles, Colin Camerer, Ernst Fehr, and Herbert Gintis (eds)

Published in print:
2004
Published Online:
January 2005
ISBN:
9780199262052
eISBN:
9780191601637
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0199262055.001.0001
Subject:
Economics and Finance, Microeconomics

This book is the result of a collaborative effort by eleven anthropologists and six economists, and questions the motives that underlie the ways that humans interact socially, and whether these are ... More


On the Generalizability of Experimental Results in Economics

Omar Al-Ubaydli and John A. List

in Handbook of Experimental Economic Methodology

Published in print:
2015
Published Online:
March 2015
ISBN:
9780195328325
eISBN:
9780190202187
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328325.003.0022
Subject:
Economics and Finance, Behavioural Economics

This study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of generalizability. Given that field experiments are in their infancy, our ... More


Handbook of Experimental Economic Methodology

Guillaume R. Fréchette and Andrew Schotter (eds)

Published in print:
2015
Published Online:
March 2015
ISBN:
9780195328325
eISBN:
9780190202187
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328325.001.0001
Subject:
Economics and Finance, Behavioural Economics

This book confronts and debates 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 ... More


Laboratory Experiments: Professionals Versus Students

Guillaume R. Fréchette

in Handbook of Experimental Economic Methodology

Published in print:
2015
Published Online:
March 2015
ISBN:
9780195328325
eISBN:
9780190202187
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328325.003.0019
Subject:
Economics and Finance, Behavioural Economics

This chapter establishes what is known about the impact of subjects typically used in experimental economics by reviewing prior studies that have used both the standard subject pool and an unusual ... More


Theory, Experimental Design, and Econometrics Are Complementary (And So Are Lab and Field Experiments)

Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutström

in Handbook of Experimental Economic Methodology

Published in print:
2015
Published Online:
March 2015
ISBN:
9780195328325
eISBN:
9780190202187
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328325.003.0017
Subject:
Economics and Finance, Behavioural Economics

This chapter proposes a systematic approach to research where theory, lab results, common sense, field data, and econometrics are all integrated into one’s research toolkit. The approach is ... More


The External Validity of Laboratory Experiments: The Misleading Emphasis on Quantitative Effects

Judd B. Kessler and Lise Vesterlund

in Handbook of Experimental Economic Methodology

Published in print:
2015
Published Online:
March 2015
ISBN:
9780195328325
eISBN:
9780190202187
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328325.003.0020
Subject:
Economics and Finance, Behavioural Economics

This chapter comments on the papers of Levitt and List and of Camerer. It explains why for most laboratory studies it is only relevant whether the qualitative or directional results of the study are ... More


Introduction

Guillaume R. Fréchette and Andrew Schotter

in Handbook of Experimental Economic Methodology

Published in print:
2015
Published Online:
March 2015
ISBN:
9780195328325
eISBN:
9780190202187
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328325.003.0001
Subject:
Economics and Finance, Behavioural Economics

This introductory chapter provides an overview of the main themes running through this discussion of experimental economics. The time is right for such a discussion because experimental economics is ... More


Envy: Theory and Research

Richard Smith (ed.)

Published in print:
2008
Published Online:
April 2010
ISBN:
9780195327953
eISBN:
9780199301485
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195327953.001.0001
Subject:
Psychology, Social Psychology

For centuries, scholars have argued that envy is the source of much aggressive behavior as well as the root cause of much unhappiness, but it is only recently that there have been attempts to examine ... More


Psychology and Economics: Areas of Convergence and Difference

Tom R. Tyler and David M. Amodio

in Handbook of Experimental Economic Methodology

Published in print:
2015
Published Online:
March 2015
ISBN:
9780195328325
eISBN:
9780190202187
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328325.003.0012
Subject:
Economics and Finance, Behavioural Economics

This chapter highlights three differences in psychology and economic research: the focus of study, what is appropriate research design, and issues involved in the study of economics in the context of ... More


Laboratory Experiments: The Lab in Relationship to Field Experiments, Field Data, and Economic Theory

John H. Kagel

in Handbook of Experimental Economic Methodology

Published in print:
2015
Published Online:
March 2015
ISBN:
9780195328325
eISBN:
9780190202187
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328325.003.0018
Subject:
Economics and Finance, Behavioural Economics

This chapter discusses the ways in which laboratory experiments and field experiments can be complementary in understanding the field setting of interest. It uses two examples: the winner’s curse in ... More


Scientific Explanation in Economics and Econometrics

Bernt P. Stigum

in Econometrics in a Formal Science of Economics: Theory and the Measurement of Economic Relations

Published in print:
2014
Published Online:
September 2015
ISBN:
9780262028585
eISBN:
9780262323109
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028585.003.0009
Subject:
Economics and Finance, Econometrics

In philosophy, a scientific explanation has four components: a family of sentences, H, to be explained, a list of antecedent conditions, a list of general laws, and arguments that demonstrate that H ... More


Going Empirical: The Econometric and Experimental Approaches to Utility Measurement of Frisch and Thurstone, 1925–1945

Ivan Moscati

in Measuring Utility: From the Marginal Revolution to Behavioral Economics

Published in print:
2018
Published Online:
December 2018
ISBN:
9780199372768
eISBN:
9780199372805
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780199372768.003.0008
Subject:
Economics and Finance, Microeconomics

Chapter 7 discusses two early attempts to measure utility empirically. In 1926, Norwegian Ragnar Frisch applied an econometric approach to measure the marginal utility of money. Following a ... More


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