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Experimental Methods: A Primer for Economists, by Daniel Friedman, Shyam Sunder
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Experimental economics is a rapidly growing field of inquiry, and there currently exist several textbooks and surveys describing the results of laboratory experiments in economics. This primer, however, is the first hands-on guide to the physical aspects of actually conducting experiments in economics. It tells researchers, teachers and students in economics how to deal with human subjects, how to design meaningful laboratory environments, how to design experiments, how to conduct the experiments, and how to analyze and report the data. It also deals with methodological issues. It can be used to structure an undergraduate or graduate course in experimental economics.
- Sales Rank: #1128748 in Books
- Brand: Brand: Cambridge University Press
- Published on: 1994-01-28
- Original language: English
- Number of items: 1
- Dimensions: 9.21" h x .55" w x 5.98" l, .83 pounds
- Binding: Paperback
- 248 pages
- Used Book in Good Condition
Review
"...a comprehensive survey of the basic principles and motivation behind economics experiments and experiment deisgn....A useful reference for the practicing economist or a good survey book for the graduate student." Choice
"...An indispensable tool for anyone that wants to try a hand at experimental methods or expand an application of the methods to new areas." Charles R. Plott, California Institute of Technology
"Dan Friedman and Shyam Sunder have been outstanding contributors to the development and maturation of experimental economics. They are particularly qualified to write this Primer dealing with methodology, tips, techniques, and tools that go with doing experiments. Their book will both complement and supplement the new books that have appeared in this high-growth segment of economics." Vernon L. Smith, University of Arizona
"Experimental economics is a field that has grown tremendously in size and importance over the last decade, and this book serves as a useful introduction to the field for economists...The appendixes are extremely valuable,,,A useful reference for the practicing economist or a good survey book for the graduate student." L. Di Matteo, Choice
About the Author
SHYAM SUNDER is James L. Frank Professor of Accounting, Economics and Finance at Yale University.
Most helpful customer reviews
10 of 10 people found the following review helpful.
Terrific Introduction to Game Theory Experiments
By Charles Cameron
I recently used this book in an introductory course in experimental methods in political science, taught at Columbia University. (I used the book in a seminar for juniors but it would also be appropriate for first year graduate students.) The book was recommended to me by a leading experimentalist in political science, and its easy to see why. It is filled with practical suggestions, on everything from recruiting subjects, to writing instructions, to analyzing data. It's many references to the literature (as well as sample syllabi) are very helpful. It is also short and readable, and reasonably priced. One caveat: if you are more interested in the psychology tradition to laboratory experiments, there are more appropriate books. Also, it does not deal with field experiments. But if you are interested in the game theoretic/economic tradition of laboratory experiments, it is hard to beat as a practical introduction. In short, a terrific book. Charles Cameron Associate Professor of Political Science Columbia University
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