11 found
  1.  26
    Experimental Economics: Rethinking the Rules.Nicholas Bardsley, Robin Cubitt, Graham Loomes, Peter Moffatt, Chris Starmer & Robert Sugden - 2009 - Princeton University Press.
    The authors explore the history of experiments in economics, provide examples of different types of experiments and show that the growing use of experimental methods is transforming economics into an empirical science.
    Direct download  
    Export citation  
    Bookmark   28 citations  
  2.  23
    Experiments in Economics: Should We Trust the Dismal Scientists in White Coats?Chris Starmer - 1999 - Journal of Economic Methodology 6 (1):1-30.
    Is the rapid growth of experimental research in economics evidence of a new scientific spirit at work or merely fresh evidence of a misplaced desire to ape the methods of natural sciences? It is often argued that economic experiments are artificial in some sense that tends to render the results problematic or uninteresting. In the early part of this paper I argue that this artificiality critique does not provide a convincing philosophical objection to experimentation in economics. Later sections of the (...)
    Direct download (3 more)  
    Export citation  
    Bookmark   32 citations  
  3. The Nature of Salience: An Experimental Investigation of Pure Coordination Games.Judith Mehta, Chris Starmer & Robert Sugden - 1994 - The American Economic Review (84(3)):658-673.
    Export citation  
    Bookmark   19 citations  
  4.  72
    Focal Points in Pure Coordination Games: An Experimental Investigation.Judith Mehta, Chris Starmer & Robert Sugden - 1994 - Theory and Decision 36 (2):163-185.
  5.  24
    Discovered Preferences and the Experimental Evidence of Violations of Expected Utility Theory.Robin P. Cubitt, Chris Starmer & Robert Sugden - 2001 - Journal of Economic Methodology 8 (3):385-414.
    The discovered preference hypothesis appears to insulate expected utility theory (EU) from disconfirming experimental evidence. It asserts that individuals have coherent underlying preferences, which experiments may not reveal unless subjects have adequate opportunities and incentives to discover which actions best satisfy their preferences. We identify the confounding effects to be expected in experiments, were that hypothesis true, and consider how they might be controlled for. We argue for a design in which each subject faces just one distinct choice task for (...)
    Direct download (3 more)  
    Export citation  
    Bookmark   13 citations  
  6.  15
    Normative Notions in Descriptive Dialogues.Chris Starmer - 2005 - Journal of Economic Methodology 12 (2):277-289.
    Developments in the theory of individual decision?making have been partly shaped by two criteria: a desire for models consistent with experimental evidence; and a pre?commitment to models built on normatively appealing axioms. This paper explores the compatibility of these two selection criteria. The paper reconstructs and scrutinises an argument due to Friedman and Savage asserting that the normative appeal of axioms provides a source of ?indirect? evidence. I judge their argument questionable and, at best, incomplete. As such it does not (...)
    Direct download (3 more)  
    Export citation  
    Bookmark   6 citations  
  7.  74
    Cycling with Rules of Thumb: An Experimental Test for a New Form of Non-Transitive Behaviour.Chris Starmer - 1999 - Theory and Decision 46 (2):139-157.
    This paper tests a novel implication of the original version of prospect theory : that choices may systematically violate transitivity. Some have interpreted this implication as a weakness, viewing it as an anomaly generated by the ‘editing phase’ of prospect theory which can be rendered redundant by an appropriate re-specification of the preference function. Although there is some existing evidence that transitivity fails descriptively, the particular form of non-transitivity implied by prospect theory is quite distinctive and hence presents an ideal (...)
    Direct download (5 more)  
    Export citation  
    Bookmark   4 citations  
  8.  22
    A Response to Binmore, Harrison and Ross onExperimental Economics: Rethinking the Rules.Nicholas Bardsley, Chris Starmer, Robin Cubitt, Graham Loomes, Peter Moffatt & Robert Sugden - 2011 - Journal of Economic Methodology 18 (2):195-199.
  9.  48
    Are Bygones Bygones?Robin Cubitt, Maria Ruiz-Martos & Chris Starmer - 2012 - Theory and Decision 73 (2):185-202.
    This article reports an experiment which tests the principle of separability, i.e. that behaviour in a dynamic choice problem is independent of history and of unreachable eventualities. Although this is a well-known principle of orthodox decision theory and central to conventional economic modelling, it has been questioned on grounds suggested by non-expected utility models of choice under risk and by the psychology of affective influences on risk-taking. Our experimental design, which provides between-subjects tests of separability using three treatments in which (...)
    Direct download (4 more)  
    Export citation  
  10.  27
    Does Consultation Improve Decision-Making?Alessia Isopi, Daniele Nosenzo & Chris Starmer - 2014 - Theory and Decision 77 (3):377-388.
    This paper reports an experiment designed to test whether prior consultation within a group affects subsequent individual decision-making in tasks where demonstrability of correct solutions is low. In our experiment, subjects considered two paintings created by two different artists and were asked to guess which artist made each painting. We observed answers given by individuals under two treatments: In one, subjects were allowed the opportunity to consult with other participants before making their private decisions; in the other, there was no (...)
    Direct download (2 more)  
    Export citation  
  11.  3
    Editorial: Foundations of Utility and Risk Conference.John D. Hey & Chris Starmer - 2020 - Theory and Decision 88 (1):1-3.
    No categories
    Direct download (2 more)  
    Export citation