Description
Book SynopsisPresents a forum for papers incorporating laboratory experimental economics. This work includes papers that discuss the design of instructional experiments in such areas as monopoly, asset trading double auctions, and public goods. It also examines practical issues of using laboratory experiments as a teaching tool.
Table of ContentsList of contributors. Preface. Experimental economics methods in the large undergraduate classroom: practical considerations (R.M. Isaac, J.M. Walker and A.W. Williams). Communication effects in public good games with and without provision points (S. Krishnamurthy). Voluntary contributions to a multiple threshold public good (E.G. Chewning, M. Coller and S.K. Laury). Feedback in voluntary contribution mechanisms: an experiment in team production (R.T.A. Croson). Asymmetric benefits in the voluntary contribution mechanism: a boundary experiment (D. Packard, R.M. Isaac and J. Bial). Search behavior of the multiproduct monopolist: experimental results (F.S. Kelly). Rationing supply capacity shocks: a laboratory comparison of second best mechanisms (S.R. Elliott, J. Brown Kruse, W. Schulze and S. Ben-David). Experimental test bedding of a pollution trading system: southern California's reclaim emissions market (T. Ishikida, J. Ledyard, M. Olson and D. Porter).
