Chapter | Handbook of Experimental Economic Methodology | 2015

Is Experimental Economics Living Up to Its Promise?

by Alvin E. Roth

Abstract

The question that is the title of this essay already suggests that experimental economics has at least reached a sufficient state of maturity that we can try to take stock of its progress and consider how that progress matches the anticipations we may have had for the field several decades ago, when it and we were younger. So it will help to begin by reconstructing what some of those anticipations were.

Keywords: Economics; History; Science;

Citation:

Roth, Alvin E. "Is Experimental Economics Living Up to Its Promise?" Chap. 1 in Handbook of Experimental Economic Methodology, edited by Guillaume R. Frechette and Andrew Schotter, 13–42. Oxford University Press, 2015.