Classroom Experiments in Behavioral Economics

Authored by: Gerrit Antonides , Fergus Bolger , Ger Trip

Handbook of Contemporary Behavioral Economics

Print publication date:  July  2006
Online publication date:  January  2015

Print ISBN: 9780765613028
eBook ISBN: 9781315703879
Adobe ISBN: 9781317469162


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Economic experiments have been popular ever since they were instrumental in the discovery of some famous economic paradoxes, such as the Allais, Ellsberg, and St. Petersburg paradoxes. Later experiments have been extended to problems outside the area of risk and uncertainty. Also, current economic experiments tend to involve real money or products, rather than hypothetical choices.

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