Problem Solving and Hypothesis Testing Using Economic Experiments

The roots and uses of economic experiments in problem solving and hypothesis testing are explored in the present article. The literature suggests that the primary advantage of economics experiments is the ability to use controlled stimuli to test economic hypotheses. Other literature also suggests that experiments are useful in problem solving settings. The advantages and disadvantages of experiments are discussed.


Issue Date:
2003-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/43209
Published in:
Journal of Agricultural and Applied Economics, Volume 35, Number 2
Page range:
337-347
Total Pages:
11
JEL Codes:
C81; C91; C92; C93




 Record created 2017-04-01, last modified 2017-08-25

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