ENGLISH

Bargaining and Market Behavior: Essays in Experimental Economics

By Vernon L. Smith

Book information

Year
2000
ISBN
9780511528347, 0521584507, 9780521021487, 0521021480, 0511528345, 9780521584500
Open Library ID
OL7713817M
Language
english
Format
PDF
Filesize
3 MB (2782283 bytes)
Pages
474\472
Topic
Economy
Time added
2011-06-04 13:46:07

Description

This second collection of papers by Vernon L. Smith, a creator of the field of experimental economics, includes many of his primary authored and coauthored contributions on bargaining and market behavior between 1990 and 1998. The essays explore the use of laboratory experiments to test propositions derived from economics and game theory. They also investigate the relationship between experimental economics and psychology, particularly the field of evolutionary psychology, using the latter to broaden the perspective in which experimental results are interpreted. Specific themes investigated include rational choice, the notion of fairness, game theory and extensive form experimental interactions, institutions and market behavior, and the study of laboratory stock markets.

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