2007-09-16 papers

on Neuroeconomics

Issue of 2007‒09‒16
one paper chosen by
Daniela Raeva

Experimental Economics: Contributions, Recent Developments, and New Challenges By Marie-Claire Villeval

Experimental Economics: Contributions, Recent Developments, and New Challenges

By:	Marie-Claire Villeval (GATE CNRS)
Abstract:	Although economics has long been considered as a non-experimental science, the development of experimental economics and behavioral economics is amazingly rapid and affects most fields of research. This paper first attempts at defining the main contributions of experiments to economics. It also identifies four main trends in the development of experimental research in economics. The third contribution of this paper is to identify the major theoretical and methodological challenges faced by behavioral and experimental economics.
Keywords:	behavioral economy, Experimental economics, field experiment, quantitative methods
JEL:	A12 C90 D0
Date:	2007–03
URL:	http://d.repec.org/n?u=RePEc:gat:wpaper:0706&r=neu

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