Theory, Experiment and Economics
- (pp. 151-169)
AbstractIt is now over thirty years since research was initiated in the laboratory experimental study of market behavior and performance. This essay provides my interpretation of what the implications of this type of work are for the study of economics.
CitationSmith, Vernon L. 1989. "Theory, Experiment and Economics." Journal of Economic Perspectives, 3 (1): 151-169. DOI: 10.1257/jep.3.1.151
- 215 Experimental Economic Methods