Contribution to Book
Experimental Economics
Survey of Social Science: Economics
Document Type
Book Chapter
Disciplines
Publication Version
Published Version
Publication Date
1-1-1991
Editors
Frank N. Magill
Publisher
Salem Press
Place of Publication
Pasadena, California
Abstract
"Experimental economics" is a general term for the experimental laboratory approach to studying economic institutions. Most applied economists study economic institutions by observing the way in which they operate in the naturally occurring environment and by measuring such economic variables as the prices of good sand services, the quantities of goods and services that are bought and sold, the wages that are paid to workers, and the quantities of inputs and outputs in the production of goods and services.
Copyright Owner
Salem Press, Inc.
Copyright Date
1991
Language
en
File Format
application/pdf
Citation Information
Elizabeth Hoffman. "Experimental Economics" Survey of Social Science: Economics Vol. 2 (1991) p. 754 - 761 Available at: http://works.bepress.com/elizabeth-hoffman/23/
This is a chapter from Survey of Social Sceience, Magill, F.N., (ed) 2 (1991); 754-761. Posted with permission.