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Daniel Friedman, Alessandra Cassar, Reinhard Selten
Routledge, 2004 - 233 pages
Laboratory experiments with human subjects provide crucial data in most fields of economics. There has been a tremendous upsurge in interest in this relatively new field of economics. This textbook is an introduction to the world of experimental economics. Contributors such as Reinhard Selten and Axel Leijonhufvud add to a book that begins with an exploration of the history of experimental economics before moving on to describing how to set up an economics experiment and surveying selected applications and the latest methods. This user-friendly book demonstrates how students can use the lessons learned within it to conduct original research. With their free-flowing, discursive yet precise style, Friedman and Cassar have created a book that will be simply essential to students of experimental economics across the world. Thanks to its authoritative content, the book will also find its way onto every respectable economists bookshelf.