Surveys in Experimental Economics

1. Front Matter

   Pages I-VIII

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2. Introduction

   1. Introduction

      • Friedel Bolle, Marco Lehmann-Waffenschmidt

      Pages 1-10

3. Bargaining Behavior

   1. Front Matter

      Pages 11-11

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   2. Negotiation Rules and Bargaining Behavior

      • Werner Güth

      Pages 13-29

   3. Coalitions in Multilateral Negotiations

      • Axel Ostmann

      Pages 31-58

   4. Comment on Bargaining behavior

      • Friedel Bolle

      Pages 59-67

4. Cooperative Behavior

   1. Front Matter

      Pages 69-69

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   2. Cooperation in Public Goods Experiments

      • Claudia Keser

      Pages 71-90

   3. Comment on Claudia Keser

      • Claude Montmarquette

      Pages 91-93

   4. Fairness in the Labour Market

      • Simon Gächter, Ernst Fehr

      Pages 95-132

   5. Comment on Simon Gächter and Ernst Fehr

      • Manfred Königstein

      Pages 133-137

   6. Cooperation in Environmental Commons

      • Axel Ostmann

      Pages 139-158

   7. Comment on Axel Ostmann

      • R. Andrew Muller

      Pages 159-164

5. Election Markets and Experimental Stock Markets

   1. Front Matter

      Pages 165-165

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   2. Election Markets

      • Gregor Brüggelambert, Arwed Crüger

      Pages 167-191

   3. Expectations and Rational Actions in an Experimental Financial Market

      • Forrest Nelson, Reinhard Tietz

      Pages 193-227

   4. What Do Market Makers Achieve?

      • Jörg Bochow, Peter Raupach, Mark Wahrenburg

      Pages 229-249

   5. Comment on Gregor Brüggelambert and Arwed Crüger, Forrest Nelson and Reinhard Tietz, and Jörg Bochow, Peter Raupach and Mark Wahrenburg

      • Michael Berlemann

      Pages 251-257

6. Back Matter

   Pages 259-262

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Experimental Economics has experienced a steadily growing interest by economists during the last decade. This may not surprise since laboratory and field experiments obviously provide a further valuable source of empirical evidence of economic behavior besides statistics, econometrics, polls, interviews and simulations. In an overview of the recent developments in Experimental Economics, the present book concentrates on three central themes standing in the actual research focus: bargaining, cooperation and election markets. For each one of these topics the volume presents several state-of-the-art survey articles by experts in the field, accompanied by detailed comments. While the experimental approach sheds new light on the microeconomic standard topics of bargaining and cooperation, the election market approach as a new field may provide better forecasts for political elections - and for soccer World Championships.

• Cooperation
• Economic Behavior
• Election Markets
• Experimental Econnomics
• Experiments
• Simulation
• bargaining
• econometrics
• economics
• experimental economics
• simulations
• statistics

From the reviews:

"Friedel Bolle and Marco Lehmann-Waffenschmidt have gathered eight surveys, written by leaders in the field of experimental economics. Their volume provides both naive and experienced experimentalists with an overview of the major findings in these areas, as well as a roadmap for future research in the field. … by pointing out areas that require further research, the volume provides a starting point for researchers newly interested in experimental methods." (Robert J. Oxoby, Eastern Economic Journal, Summer, 2005)

• Wirtschaftswissenschaftliche Fakultät Lehrstuhl VWL, insbesondere Wirtschaftstheorie, Europa-Universität Viadrina, Frankfurt/Oder, Germany

  Friedel Bolle

• Fakultät für Wirtschaftswissenschaften Managerial Economics, Technische Universität Dresden, Dresden

  Marco Lehmann-Waffenschmidt

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