This book, which comprises eight chapters, presents a comprehensive critical survey of the results and methods of laboratory experiments in economics. The first chapter provides an introduction to experimental economics as a whole, with the remaining chapters providing surveys by leading practitioners in areas of economics that have seen a concentration of experiments: public goods, coordination problems, bargaining, industrial organization, asset markets, auctions, and individual decision making. The work aims both to help specialists set an agenda for future research and to provide nonspecialists with a critical review of work completed to date. Its focus is on elucidating the role of experimental studies as a progressive research tool so that wherever possible, emphasis is on series of experiments that build on one another. The contributors to the volume--Colin Camerer, Charles A. Holt, John H. Kagel, John O. Ledyard, Jack Ochs, Alvin E. Roth, and Shyam Sunder--adopt a particular methodological point of view: the way to learn how to design and conduct experiments is to consider how good experiments grow organically out of the issues and hypotheses they are designed to investigate.
This eight-volume set, published 1817-58 by the Nichols family, is a sequel to John Nichols' Literary Anecdotes (1812-15), and provides a useful source of biographical material on authors and publishers at a time when many of the literary genres we now take for granted were first being developed.
The late J.C. Weldon is recognized as one of North America's most respected economists. The twelve papers selected by Allen Fenichel and Sidney Ingerman highlight Weldon's investigation of the economic foundation of social democratic theory and policy as well as his examination of the role of the state in the economy.
In a series of sparkling and intelligently presented essays, Dr. Montgomery takes a fresh look at the world "where it is always eighteen ninety-five" -- the world of Baker Street and Sherlock Holmes. Besides examining long debated problems, such as the true location of 221B, which was Holmes's University, how many times Watson was married, and where Watson was wounded, Dr. Montgomery also considers Holmes's activities in Tibet, his writings, his brother Mycroft, and his liking for fine wines. In a stunning climax to the volume, the reader is presented with a discussion between Holmes and Watson which will almost certainly cause him/her to pause, think, and deeply consider the depth of the message conveyed. Dr. Montgomery is a Sherlockian of long-standing. These essays prove that his time devoted to his subject has been very well spent indeed.
Essential Microeconomics is designed to help students deepen their understanding of the core theory of microeconomics. Unlike other texts, this book focuses on the most important ideas and does not attempt to be encyclopedic. Two-thirds of the textbook focuses on price theory. As well as taking a new look at standard equilibrium theory, there is extensive examination of equilibrium under uncertainty, the capital asset pricing model, and arbitrage pricing theory. Choice over time is given extensive coverage and includes a basic introduction to control theory. The final third of the book, on game theory, provides a comprehensive introduction to models with asymmetric information. Topics such as auctions, signaling, and mechanism design are made accessible to students who have a basic rather than a deep understanding of mathematics. There is ample use of examples and diagrams to illustrate issues as well as formal derivations. Essential Microeconomics is designed to help students deepen their understanding of the core theory of microeconomics.
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