Experimental Economics

‘A must-read primer for anyone who needs to be convinced of the importance of using experimental methods for testing economic theory and designing policies. Anyone willing to learn how to design an experiment will treasure this book because it provides a comprehensive coverage of laboratory techniques for economists and of the econometrics of experimental data. No doubt this book will induce students and young scholars to invest in this exciting field.’ Marie Claire Villeval, Centre National de la Recherche Scientifique, Groupe d’Analyse et de Théorie Economique, Université de Lyon‘This book is a must for every experimental economist. It scrutinizes the methodological background of many aspects of experiments in economics that are taken for granted by many others. At the same time it provides superb didactical accounts of these aspects, convenient recipes for actually doing experiments, and the main implications that experiments can have. Carefully elaborated case studies illustrate the methodological issues discussed, but at the same time are of central interest to the field by themselves. Readers will find their knowledge both broadened and deepened by this magnificent book.’ Peter P. Wakker, Erasmus University Rotterdam‘This is a great book. It lays out the whys, what fors, and hows of experimental economics. It takes us through the econometric skills we need and describes the steps one has to take in designing and running an experiment. It is destined to be the go-to teaching and reference book for the field.’ Andrew Schotter, Director, Center for Experimental Social Science, New York University

Nicolas Jacquemet is a full professor at University Paris-1 Panthéon Sorbonne and the Paris School of Economics. His research combines experimental methods and econometrics to study discrimination, the effect of personality traits on economic behaviour, the role of social pre-involvement in strategic behaviour and experimental game theory. His research has been published in Econometrica, Management Science, Games and Economic Behavior, the Journal of Environmental Economics and Management, the Journal of Health Economics, and the Journal of Economic Psychology. Olivier L’Haridon is a full professor at the Université de Rennes I, France. His research combines experimental methods and decision theory, applied in the study of individual decision making as affected by uncertainty. His work has been published in American Economic Review, Management Science, the Journal of Risk and Uncertainty, Theory and Decision, Experimental Economics, the Journal of Health Economics, and the Journal of Economic Psychology.