Reproducibility is an important measure of validity in all fields of experimental science. If researcher A publishes a particular scientific result from his laboratory, researcher B should be able to ...

Experimental economics is a sub‐discipline that employs controlled laboratory and field settings to investigate economic behaviour, test theoretical predictions, and inform policy. By designing ...

Article by Katie Peikes Photos by Katie Peikes and submitted by UD Center for Experimental and Applied Economics October 03, 2024 Undergraduate students reflect on UD Center for Experimental and ...

Our series continues on economic theories that are changing the way we think. Today, Andreas Ortmann explains experimental economics. Experimental economics is not really a new theory but a (still) ...

"It seems that the culture established in experimental economics--incentivizing subjects, publication of the experimental procedure and instructions, no deception--ensures reliable results. This is ...

Using the scientific process of laboratory control and replication to study the critical causal relationships of economic behavior and to design improved policy, markets, and products that benefit ...

Economic theory is often tested using data from natural markets. In many cases, clear conclusions about theoretical propositions can be drawn by observing naturally occurring data. At other times, ...

Despite an abundance of strong economic theory compiled over the decades, it’s still notoriously difficult to predict what economic systems will do. That’s because the economy is driven by an ...