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Essay

Usefulness Of Experimental Economics

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Issue:

Business

 

Written by:

Rema H

 

Date added:

December 13, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

9 / 2475

 

Was viewed:

6702 times

 

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Essay content:

In recent years the pace of economic experimentation has greatly accelerated. ‘From the early 1970s the number of papers has grown from two or three per year to numbers approximating 100 per year. The number of researchers has grown from a small handful in the early 1970s to hundreds’ (Plott, 1991: 901 and Guala, 2005: 2-3)...
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The number of researchers has grown from a small handful in the early 1970s to hundreds’ (Plott, 1991: 901 and Guala, 2005: 2-3). Economists use experiments, by themselves or in combination with field observation, to test existing theories, investigate puzzling phenomena - sometimes unguided by theory - and to evaluate policies, private or public (See Roth, 1987: 2 and Roth, 1986)...
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General issues of this essay:
economics Economics Early Religious Effect on Economics Economics - Fmu Economics Economics Economics Economics Economics Usefulness Of Experimental Economics What is economics Economics Economics Economics Economics
 

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