Students become fluent in economics when they can apply the concepts in a real, decision-making and strategic environment. For this reason, an increasing number of professors are incorporating experiments into their undergraduate courses. In his new text, Charles Holt begins each chapter with a lead[...]
A small but increasing number of economists have begun to use laboratory experiments to evaluate economic propositions under carefully controlled conditions. "Experimental Economics" is the first comprehensive treatment of this rapidly growing area of research. While the book acknowledges that labor[...]