Concept information
Preferred term
experimental economics
Definition(s)
- Experimental economics refers to the method of controlled experimentation applied to the investigation of economic phenomena. It is used to investigate (1) individual decision making, (2) the coordination of economic actors via market mechanisms, and (3) cooperation of economic agents in nonmarket environments. [Source: Encyclopedia of Consumer Culture; Experimental Economics]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-L8JKV53W-7
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