Experimental Evolution and Economics

Economic Theory and Experimental Economics

G theory had its beginnings in economics as a separate topic of analysis, practiced by a cadre of specialists. It has since become commonplace. Every economist is acquainted with the basic ideas, often without notice, and there is free movement between the use of game theory and other techniques. This incorporation as a standard economic tool has helped shape the nature of game theory itself—th...

Altruism, evolution, and welfare economics

Henrich clearly presents the convincing evidence that the evolution of prosocial preferences—altruism and altruistic punishment—is both theoretically possible and empirically present in human populations. Henrich convinces us using only the most restrictive arguments. If one goes beyond the assumptions of one-gene, one-trait, or recognizes the existence of “social cognition” (Caporael, 1997), t...

Experimental Methods in Economics *

Experimental Economics: Where Next?

Where should experimental economics go next? This paper uses the literature on inequity aversion as a case study in suggesting that we could profit from tightening up our act. Experimental Economics: Where Next? by Ken Binmore and Avner Shaked1

Essays in Experimental Economics

This paper tests whether people can exercise self-control in limiting consumption of unwanted food and whether they can pre-empt their future lack of self-control by restricting the availability of food. An experiment was conducted with Stanford University undergraduates over a period of 7 weeks in which some participants were given a fixed number of candies by the experimenter and other partic...