16-vol. 8, no. 2, july-december, 1993
Articles

Experimental economics: Methods, problems and promise

Douglas D. Davis
Virginia Commonwealth University
Charles A. Holt
University of Virginia

Published 1993-07-01

Keywords

  • economic analysis,
  • experimental economics

How to Cite

Davis, D. D., & Holt, C. A. (1993). Experimental economics: Methods, problems and promise. Estudios Económicos De El Colegio De México, 8(2), 179–212. https://doi.org/10.24201/ee.v8i2.288

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Abstract

The purpose of this paper is to discuss the growing importance of experimentation in economic analysis. We present a variety of economic issues that have been explored with laboratory techniques. We also address some common objections to experimentation, as well as some of the principal lessons that have been learned.

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