| Document Type
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BL
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| Record Number
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630948
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| Doc. No
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dltt
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| Main Entry
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Friedman, Daniel,1947-
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| Title & Author
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Experimental methods : : a primer for economists /\ Daniel Friedman and Shyam Sunder.
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| Publication Statement
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Cambridge [England] ;New York :: Cambridge University Press,, 1994.
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| Page. NO
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xiv, 229 p. :: ill. ;; 24 cm.
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| ISBN
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0521450683 (hardback)
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: 9780521450683 (hardback)
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: 0521456827 (pbk.)
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: 9780521456821 (pbk.)
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| Bibliographies/Indexes
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Includes bibliographical references (p. 215-226) and index.
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| Contents
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1. Introduction. 1.1. Economics as an experimental discipline. 1.2. The engine of scientific progress. 1.3. Data sources. 1.4. Purposes of experiments -- 2. Principles of economics experiments. 2.1. Realism and models. 2.2. Controlled economic environments. 2.3. Induced-value theory. 2.4. Parallelism. 2.5. Practical implications. 2.6. Application: The Hayek hypothesis -- 3. Experimental design. 3.1. Direct experimental control: Constants and treatments. 3.2. Indirect control: Randomization. 3.3. The within-subjects design as an example of blocking and randomization. 3.4. Other efficient designs. 3.5. Practical advice. 3.6. Application: New market institutions -- 4. Human Subjects. 4.1. Who should your subjects be? 4.2. Subjects' attitudes toward risk. 4.3. How many subjects? 4.4. Trading commissions and rewards. 4.5. Instructions. 4.6. Recruitment and maintaining subject history. 4.7. Human subject committees and ethics. 4.8. Application: Bargaining experiments -- 5. Laboratory facilities.
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5.1. Choosing between manual and computer modes. 5.2. Manual laboratory facilities. 5.3. Computerized laboratory facilities. 5.4. Random number generation. 5.5. Application: Experiments with monetary overlapping generations economies -- 6. Conducting an experiment. 6.1. Lab log. 6.2. Pilot experiments. 6.3. Lab setup. 6.4. Registration. 6.5. Conductors. 6.6. Monitors. 6.7. Instruction. 6.8. Handling queries from subjects. 6.9. Dry-run periods. 6.10. Manual conduct of markets. 6.11. Recording the data. 6.12. Termination. 6.13. Laboratory termination of infinite-period economies. 6.14. Debriefing. 6.15. Payment. 6.16. Bankruptcy. 6.17. Bailout plan. 6.18. Application: Committee decisions under majority rule -- 7. Data analysis. 7.1. Graphs and summary statistics. 7.2. Statistical inference: Preliminaries. 7.3. Reference distributions and hypothesis tests. 7.4. Practical advice. 7.5. Application: First-price auctions -- 8. Reporting your results. 8.1. Coverage. 8.2. Organization.
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8.3. Prose, tables, and figures. 8.4. Documentation and replicability. 8.5. Project management. 8.6. Application: Asset-market experiments -- 9. The emergence of experimental economics. 9.1. Economics as an experimental science. 9.2. Games and decisions up to 1952. 9.3. Two pioneers. 9.4. Experimental economics in Germany. 9.5. Early classroom markets. 9.6. Building theoretical foundations, 1960-76. 9.7. Joining the economics mainstream. 9.8. Divergence from experimental psychology. 9.9. Application: Laboratory games -- Appendixes: Supplemental materials. I. Readings in experimental economics. II. Instructions and procedures. III. Forms. IV. Econometrica guidelines. V. List of experimental economics laboratories.
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| Subject
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Economics-- Methodology.
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| Subject
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Economics-- Simulation methods.
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| Subject
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Economics-- Research.
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| LC Classification
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HB131.F75 1994
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| Added Entry
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Shyam Sunder,1944-
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