American Economic Association What Do Laboratory Experiments Measuring Social Preferences Reveal about the Real World ?

@inproceedings{Levitt2007AmericanEA,
  title={American Economic Association What Do Laboratory Experiments Measuring Social Preferences Reveal about the Real World ?},
  author={Steven D. Levitt and John A. List},
  year={2007}
}
E conomists have increasingly turned to the experimental model of the physical sciences as a method to understand human behavior. Peerreviewed articles using the methodology of experimental economics were almost nonexistent until the mid-1960s and surpassed 50 annually for the first time in 1982; and by 1998, the number of experimental papers published per year exceeded 200 (Holt, 2006). Lab experiments allow the investigator to influence the set of prices, budget sets, information sets, and… CONTINUE READING
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