Bargaining and Market Behavior: Essays in Experimental Economics by Professor Vernon L. Smith
Bargaining and Market Behavior: Essays in Experimental Economics
Author: Professor Vernon L. Smith
Title: Bargaining and Market Behavior: Essays in Experimental Economics
ISBN10: 0521021480
ISBN13: 978-0521021487
Format: .PDF .EPUB .FB2
Pages:
Publisher: Cambridge University Press (December 15, 2005)
Language: English
Size pdf: 1478 kb
Size epub: 1737 kb
Rating: 4.1 ✪
Votes: 477
Category: Business & Money
Subcategory: Economics
This second collection of papers by Vernon L. Smith, a creator of the field of experimental economics, includes many of his primary authored and coauthored contributions on bargaining and market behavior between 1990 and 1998. The essays explore the use of laboratory experiments to test propositions derived from economics and game theory. They also investigate the relationship between experimental economics and psychology, particularly the field of evolutionary psychology, using the latter to broaden the perspective in which experimental results are interpreted. Specific themes investigated include rational choice, the notion of fairness, game theory and extensive form experimental interactions, institutions and market behavior, and the study of laboratory stock markets.