The Art of Experimental Economics

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<P>Applying experimental methods has become one of the most powerful and versatile ways to obtain economic insights, and experimental economics has especially supported the development of behavioral economics. <I>The Art of Experimental Economics</I> identifies and reviews 20 of the most important papers to have been published in experimental economics in order to highlight the power and methods of this area, and provides many examples of findings in behavioral economics that have extended knowledge in the economics discipline as a whole.</P><P>Chosen through a combination of citations, recommendations by scholars in the field, and voting by members of leading societies, the 20 papers under review ¿ some by Nobel prize-winning economists ¿ run the full gamut of experimental economics from theoretical expositions to applications demonstrating experimental economics in action. Also written by a leading experimental economist, each chapter provides a brief summary of the paper, makes