Brit Grosskopf Inaugural lecture
- Muirhead Main Lecture Theatre (G15)
- Social Sciences, Teaching, Vice Chancellor
What can we learn from experiments in economics?
Economists too can conduct experiments, and controlled ones at that. The last 3 decades have seen a tremendous increase in the use of experiments in economics, from controlled laboratory experiments to field experiments. Experiments are useful to test the validity of economic theories, test-bed new market mechanisms and better understand the fundamental principles behind individual and strategic decision-making.
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