Editors:
- Provides readers with an overview of the various experimental approaches used in modern economics
- Helps experimental economists as well as behavioral economists rethink their methodology
- Stimulates further inquiry into the experimental method for philosophers of the social sciences
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Table of contents (10 chapters)
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Front Matter
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Diversity in Experimental Methods
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Front Matter
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Critical Viewpoints
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Front Matter
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About this book
This is the first book that examines the diverse range of experimental methods currently being used in the social sciences, gathering contributions by working economists engaged in experimentation, as well as by a political scientist, psychologists and philosophers of the social sciences. Until the mid-twentieth century, most economists believed that experiments in the economic sciences were impossible. But that’s hardly the case today, as evinced by the fact that Vernon Smith, an experimental economist, and Daniel Kahneman, a behavioral economist, won the Nobel Prize in Economics in 2002.
However, the current use of experimental methods in economics is more diverse than is usually assumed. As the concept of experimentation underwent considerable abstraction throughout the twentieth century, the areas of the social sciences in which experiments are applied are expanding, creating renewed interest in, and multifaceted debates on, the way experimental methods are used.
This book sheds new light on the diversity of experimental methodologies used in the social sciences. The topics covered include historical insights into the evolution of experimental methods; the necessary “performativity” of experiments, i.e., the dynamic interaction with the social contexts in which they are embedded; the application of causal inferences in the social sciences; a comparison of laboratory, field, and natural experiments; and the recent use of randomized controlled trials (RCTs) in development economics. Several chapters also deal with the latest heated debates, such as those concerning the use of the random lottery method in laboratory experiments.
Editors and Affiliations
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Future University Hakodate, Hokkaido, Japan
Toshiji Kawagoe
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Chuo University, Hachioji, Japan
Hirokazu Takizawa
About the editors
Hirokazu Takizawa, Chuo University
Bibliographic Information
Book Title: Diversity of Experimental Methods in Economics
Editors: Toshiji Kawagoe, Hirokazu Takizawa
DOI: https://doi.org/10.1007/978-981-13-6065-7
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer Nature Singapore Pte Ltd. 2019
Hardcover ISBN: 978-981-13-6064-0Published: 20 February 2019
eBook ISBN: 978-981-13-6065-7Published: 09 February 2019
Edition Number: 1
Number of Pages: VI, 203
Number of Illustrations: 26 b/w illustrations, 6 illustrations in colour
Topics: Behavioral/Experimental Economics, Econometrics, History of Economic Thought/Methodology, Statistics for Business, Management, Economics, Finance, Insurance