Experimental Economics Is a Necessary Part of Economics Training

Ethical School in Islamic Economics and Conventional Economics

In the present age, it is the age of economic crises and challenges to moral values. Today, with many moral schools, we are faced with the dos and don’ts of economic activities. On the one hand, the Islamic society needs a dynamic and developed economy, and on the other hand, it needs to consolidate and strengthen moral values in order to bring worldly and otherworldly happiness to people by ma...

Toward a cognitive experimental economics

For the last few years, economic literature has shown a new stream of analysis, at the crossroads of the heterodox tradition and cognitive sciences. A new approach is born, called Cognitive Economics, since attention is focused on the study of individual and organizational learning, seen as a key factor in shaping social phenomena (Rizzello, 2000). This new stream of analysis aims at refounding...

Experimental Methods in Economics *

The New Palgrave Dictionary of Economics Online experimental labour economics

Experimental labour economics uses experimental techniques to improve our understanding of labour economics issues. We start by putting experimental data into perspective with the data-sets typically used by empirical labour economists. We then discuss several examples of how experiments can inform labour economics.

Experimental Economics from the Vantage- Point of Behavioural Economics*

As a behavioural economist (an economist who brings psychological insights to bear on economic phenomena), preparing a controversy corner piece criticising experimental economics (the use of experimentation to address economic questions) is like working yourself up to enter the boxing ring against a friend. Experimental economics and behavioural economics have much in common. Both groups can tr...