Economics Lab

Laboratory experiments with human subjects now provide crucial data in most fields of economics. There has been a tremendous upsurge in interest in this relatively new field of economics. This textbook introduces the world of experimental economics. Contributors including Reinhard Selten and Axel Leijonhufvud add to a book that sketches the history of experimental economics before moving on to describe how to set up an economics experiment and to survey selected applications and the latest methods. This user-friendly book demonstrates how students can use the lessons to conduct original research. With their freeflowing, discursive yet precise style, Friedman and Cassar have created a book that will be essential to students of experimental economics across the world. On account of its authoritative content, Economics Lab will also find its way on to the bookshelves of leading researchers in all fields of economics.

"Twenty-two papers, developed from lectures and student projects at the June 2001 Trento Summer School in Experimental Economics that was organized through the Computable and Experimental Economics Laboratory of the University of Trento, provide a self-contained introduction to experimental economics for economist."
-"Journal of Economic Literature, 12/2004

Daniel Friedman is Professor of Economics at the University of California, Santa Cruz, USA.Alessandra Cassar is Assistant Professor of Economics at the University of San Francisco, USA.

Laboratory experiments with human subjects now provide crucial data in most fields of economics and there has been a tremendous upsurge in interest in this relatively new field of economics. This textbook introduces the student to the world of experimental economics.Contributors including Reinhard Selten and Axel Leijonhufvud that sketch the history of experimental economics before moving on to describe how to set up an economics experiment and to survey selected applications and the latest methods. This user-friendly book demonstrates how students can use the lessons to conduct original research.With their freeflowing, discursive yet precise style, Friedman and Cassar have created a book that is essential to students of experimental economics across the world. On account of its authoritative content, Economics Labwill also find its way on to the bookshelves of leading researchers in all fields of economics.

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