Titlebook: Behavioural and Experimental Economics; Steven N. Durlauf,Lawrence E. Blume Book 2010 Palgrave Macmillan, a division of Macmillan Publishe

用肘

antiquated

addiction,rol, continuation of behaviour despite adverse consequences, and preoccupation or obsession with the substance or activity one is addicted to. Economists came late to the subject perhaps because the first two of these characteristics seem inconsistent with economists’ rational choice paradigm.

CARK

auctions (experiments),vantages relative to empirical work with field data, so that we view the two as complimentary. Experimental work is used increasingly as a test bed for new auction formats such as the Federal Communication Commission’s (FCC) sale of spectrum (air-wave) rights.

mighty

Overdose

廢除

experimental economics, history of, has been transformed from a discipline where the experimental method was considered impractical, ineffective and largely irrelevant to one where some of the most exciting advancements are driven by laboratory data.

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Rinne-Test

2947-4582 Overview: Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.978-0-230-23868-8978-0-230-28078-6Series ISSN 2947-4582 Series E-ISSN 2947-4590

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