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Wow. Given the common complaint here and at other news sites about economics lacking scientific vigor, I assumed that it was because it was impossible to exper
by DLWormwood 18y ago
Wow. Given the common complaint here and at other news sites about economics lacking scientific vigor, I assumed that it was because it was impossible to experimentally isolate human economic behavior. Not only does this article point out one way to do just that, but that it even has a "stereotypical" base experiment used for decades that future scenarios can be derived from. I need to bookmark this article as rebuttal or "ward against trolls" in the future...
- eru 18y agoOur university even has its own lab for 'experimental economics', where they do nothing else but run such games.