Promoting Experimental Economics in the Classroom

2007 ◽  
Author(s):  
Stephen Jackstadt ◽  
Paul R. Johnson ◽  
Bart J. Wilson
Keyword(s):  
Experimental Economics

Galilean Reflections on Milton Friedman’s "Methodology of Positive Economics", with Thoughts on Vernon Smith’s "Economics in the Laboratory"

2007 ◽  
pp. 55-70 ◽  
Author(s):  
E. Schliesser
Keyword(s):  
Experimental Evidence ◽  
Experimental Economics ◽  
Nobel Prize ◽  
Free Fall ◽  
Nobel Prize Winner ◽  
Theoretical Physics ◽  
History Of ◽  
Positive Economics

The article examines in detail the argument of M. Friedman as expressed in his famous article "Methodology of Positive Economics". In considering the problem of interconnection of theoretical hypotheses with experimental evidence the author illustrates his thesis using the history of the Galilean law of free fall and its role in the development of theoretical physics. He also draws upon methodological ideas of the founder of experimental economics and Nobel prize winner V. Smith.

scholarly journals Experimental Economics in Agriculture: A Review of Worldwide Research

Agronomy ◽  
2021 ◽  
Vol 11 (8) ◽  
pp. 1566
Author(s):  
Ernesto Mesa-Vázquez ◽  
Juan F. Velasco-Muñoz ◽  
José A. Aznar-Sánchez ◽  
Belén López-Felices
Keyword(s):  
Environmental Policy ◽  
Literature Review ◽  
Public Goods ◽  
Experimental Economics ◽  
Scientific Production ◽  
Bibliometric Study ◽  
Agricultural Activity ◽  
Global Level ◽  
Policy Makers ◽  
Wide Range

Over the last two decades, experimental economics has been gaining relevance in the research of a wide range of issues related to agriculture. In turn, the agricultural activity provides an excellent field of study within which to validate the use of instruments employed by experimental economics. The aim of this study is to analyze the dynamics of the research on the application of experimental economics in agriculture on a global level. Thus, a literature review has been carried out for the period between the years 2000 and 2020 based on a bibliometric study. The main results show that there has been a growing use of experimental economics methods in the research on agriculture, particularly over the last five years. This evolution is evident in the different indicators analyzed and is reflected in the greater scientific production and number of actors involved. The most relevant topics within the research on experimental economics in agriculture focus on the farmer, the markets, the consumer, environmental policy, and public goods. These results can be useful for policy makers and researchers interested in this line of research.

Measuring Social Norms in Economics: Why It Is Important and How It Is Done

2020 ◽  
Vol 42 (2) ◽  
pp. 285-312
Author(s):  
Daniele Nosenzo ◽  
Luise Görges
Keyword(s):  
Social Norms ◽  
Experimental Economics ◽  
Social Theory ◽  
Human Behavior ◽  
Research Projects

Abstract Experimental economics offers new tools for the measurement of social norms. In this article, we argue that these advances have the potential to promote our understanding of human behavior in fundamental ways, by expanding our knowledge beyond what we learn by simply observing human behavior. We highlight how these advancements can inform not only economic and social theory, but also policymaking.We then describe and critically assess three approaches used in economics to measure social norms. We conclude our overview with a list of recommendations to help empirical researchers choose among the different tools, depending on the nature and constraints of their research projects.

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