Experimentation in Economics

In Catherine Allamel-Raffin, Jean-Luc Gangloff & Yves Gingras (eds.), Experimentation in the Sciences: Comparative and Long-Term Historical Research on Experimental Practice. Springer Nature Switzerland. pp. 75-87 (2024)
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Abstract

According to some authors, experimental economics can be defined as “the use of experimentation as a method of investigation in economics.” In this chapter, after recalling some aspects of the emergence of experimental economics, we detail its principles and practices, highlighting the extent to which these differ from those employed by psychologists in order to try to overcome several shortcomings. We offer also two examples of games that highlight the complementarity between laboratory and field experiments.

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