search query: @freeterm EXPERIMENTAL ECONOMICS / total: 6
reference: 3 / 6
| Author: | Rubinstein, A. |
| Title: | A theorist's view of experiments |
| Journal: | European Economic Review
2001 : MAY, VOL. 45:4-6, p. 615-628 |
| Index terms: | ECONOMETRIC MODELS ECONOMIC THEORY |
| Freeterms: | EXPERIMENTAL ECONOMICS |
| Language: | eng |
| Abstract: | The paper springs from a position that economic theory is an abstract investigation of the concepts and considerations involved in real life economic decision making rather than a tool for predicting or describing real behavior. It is argued that when experimental economics is motivated by theory, it should not look to verify the predictions of theory but instead should focus on verifying that the considerations contained in the economic model are sound and in common use. |
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