EXPERIMENTAL METHODS IN AGRICULTURAL AND RESOURCE ECONOMICS: HOW USEFUL ARE THEY?

Experimental economics has the potential to fill some of the gaps in the economist's tool kit. This article describes experimental economics, its advantages and disadvantages, and why this tool might be a good choice in some situations. The article summarizes the history of its use by agricultural and resource economists. An illustrative example compares laboratory experiment data with survey data.


Issue Date:
1993-10
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/31550
PURL Identifier:
http://purl.umn.edu/31550
Published in:
Agricultural and Resource Economics Review, Volume 22, Number 2
Page range:
103-116
Total Pages:
14




 Record created 2017-04-01, last modified 2018-01-22

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