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 |