Author : Gary Charness
Publisher :
Page : 264 pages
File Size : 38,67 MB
Release : 2021-08
Category : Economics
ISBN : 9780367894306
The Art of Experimental Economics identifies and reviews twenty 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.
Author : Francesco Guala
Publisher : Cambridge University Press
Page : 302 pages
File Size : 48,45 MB
Release : 2005-08-01
Category : Business & Economics
ISBN : 1107320860
The experimental approach in economics is a driving force behind some of the most exciting developments in the field. The 'experimental revolution' was based on a series of bold philosophical premises which have remained until now mostly unexplored. This book provides the first comprehensive analysis and critical discussion of the methodology of experimental economics, written by a philosopher of science with expertise in the field. It outlines the fundamental principles of experimental inference in order to investigate their power, scope and limitations. The author demonstrates that experimental economists have a lot to gain by discussing openly the philosophical principles that guide their work, and that philosophers of science have a lot to learn from their ingenious techniques devised by experimenters in order to tackle difficult scientific problems.
Author : Michael J. Boskin
Publisher : Academic Press
Page : 417 pages
File Size : 33,38 MB
Release : 2014-05-10
Category : Business & Economics
ISBN : 148326100X
Economic Theory, Econometrics, and Mathematical Economics: Economics and Human Welfare: Essays in Honor of Tibor Scitovsky focuses on the principles, influence, and contributions of Tibor Scitovsky on economics. The selection first elaborates on welfare economics and microeconomic theory, property rights doctrine and demand revelation under incomplete information, and experiments in the pricing of theater tickets. Discussions focus on the effect on audience composition, volume, and revenues, failure of bargaining under privacy, growing disenchantment with economic growth, and bargaining as a game of incomplete information. The text then takes a look at economics and the transformation of the idea of progress and changes in the size distribution of income. The text ponders on welfare criteria, distribution, and cost- benefit analysis; position of ethics in the theory of production; and rationing and price as methods of restricting demand for specific products. Topics include excise taxation with revenue distributed like rations; private and social returns to morality; effect of changes in the cost of organization and communication; and logical and historical foundation of the theory of the welfare state. The selection is highly recommended for economists and researchers interested in pursuing studies on the relationship of economics and human welfare.
Author : Martin J. Osborne
Publisher : Open Book Publishers
Page : 382 pages
File Size : 12,73 MB
Release : 2023-06-26
Category : Business & Economics
ISBN : 180511123X
Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and monopoly. Part II (Chapters 8-14) introduces the concept of equilibrium, beginning, unconventionally, with the models of the jungle and an economy with indivisible goods, and continuing with models of an exchange economy, equilibrium with rational expectations, and an economy with asymmetric information. Part III (Chapters 15-16) provides an introduction to game theory, covering strategic and extensive games and the concepts of Nash equilibrium and subgame perfect equilibrium. Part IV (Chapters 17-20) gives a taste of the topics of mechanism design, matching, the axiomatic analysis of economic systems, and social choice. The book focuses on the concepts of model and equilibrium. It states models and results precisely, and provides proofs for all results. It uses only elementary mathematics (with almost no calculus), although many of the proofs involve sustained logical arguments. It includes about 150 exercises. With its formal but accessible style, this textbook is designed for undergraduate students of microeconomics at intermediate and advanced levels.
Author : Vernon L. Smith
Publisher : Cambridge University Press
Page : 829 pages
File Size : 50,56 MB
Release : 1991-11-29
Category : Business & Economics
ISBN : 0521364566
A collection of the major papers of Vernon L. Smith, the main creator of the new field of experimental economics.
Author : Andrej Svorenčík
Publisher : Springer
Page : 251 pages
File Size : 40,24 MB
Release : 2015-11-05
Category : Business & Economics
ISBN : 3319209523
This book is the transcript of a witness seminar on the history of experimental economics, in which eleven high-profile experimental economists participated, including Nobel Laureates Vernon Smith, Reinhard Selten and Alvin Roth. The witness seminar was constructed along four different topics: skills, community, laboratory, and funding. The transcript is preceded by an introduction explaining the method of the witness seminar and its specific set-up and resuming its results. The participants' contribution and their lively discussion provide a wealth of insights into the emergence of experimental economics as a field of research. This book was awarded with best book prize of the European Society for the History of Economic Thought (ESHET) in 2018.
Author : Steven Durlauf
Publisher : Springer
Page : 279 pages
File Size : 34,35 MB
Release : 2016-04-30
Category : Business & Economics
ISBN : 0230280781
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.
Author : Philip A. Klein
Publisher : Routledge
Page : 345 pages
File Size : 23,18 MB
Release : 2016-09-16
Category : Business & Economics
ISBN : 131548420X
This text provides an ethnography of a Chinese middle school based on fieldwork conducted in 1988 to 1989. It provides a way of looking at classroom and societal interactions in terms of the interplay among criticism, face and shame.
Author : Martin Shubik
Publisher : MIT Press
Page : 472 pages
File Size : 21,59 MB
Release : 1999
Category : Business & Economics
ISBN : 9780262693110
This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Author : Ahuja H.L.
Publisher : S. Chand Publishing
Page : 872 pages
File Size : 43,27 MB
Release :
Category : Business & Economics
ISBN : 9352533305
This most popular and proven text takes a further lead with this revision by aligning its contents with the prescribed UGC model curriculum and new Choice Based Credit System (CBCS) syllabus. The book provides carefully tailored content for undergraduate courses in economics across a range of academic disciplines.
