Experimental Economics (eBook)

Prof. Branas-Garza joined Middlesex University as Professor of Behavioural Economics in October 2012. Previously he was Professor of Economic Theory at the University of Granada (Spain) since 2008. He did his PhD in Quantitative Economics (1997) In the University of Córdoba (Spain). His research focuses on experimental games and economic behaviour. More specifically he works on Altruism and Cooperative Behaviour, Cognitive Abilities and Preferences. He has published in leading journals such as Proceedings Royal Society B, Games & Economic Behavior, PLoS ONE, Journal of Conflict Resolution, Journal of Economic Behavior & Organization, Journal of Behavioral Decision Making, Economics Letters, Experimental Economics, Journal of Economic Psychology, Journal of Money, Credit & Banking.He is an Academic Editor of PLoS ONE and Associated Editor of The Journal of Experimental and Behavioral Economics. Antonio Cabrales is Professor of Economics at University College London. Formerly, he was a profesor at Universitat Pompeu Fabra in Barcelona, and Universidad Carlos III in Madrid. He holds a PhD in Economics from the University of California, San Diego He has worked in a wide range of topics: learning and evolutionary games, experimental economics, industrial organization, the economics of networks and mechanism design. He is an associate editor at the Journal of Economic Theory, and SERIEs. He has been an editor of the Berkeley Electronic Journal of Economic Analysis and Policy and Investigaciones Económicas; and associate editor of the Journal of the European Economic Association. He is founding partner of a financial consultant (Serfiex S.A.) and has been a consultant on competition policy issues. He has published at the American Economic Review, Journal of Political Economy, the Review of Economic Studies, Physical Review Letters, PLoS ONE, Scientific Reports and other scholarly journals.

Cover 1
Half-Title 2
Title 4
Copyright 5
Dedication 6
Contents 8
List of Figures 9
List of Tables 10
Acknowledgments 11
Notes on Contributors 13
1 Market Organization and Competitive Equilibrium 20
2 Non-Competitive Markets 40
3 Economic Systems Design 56
4 Experimental Finance 74
5 Financial Crisis and Panic in the Laboratory 111
6 Labor Market: Incentives, Wages and Contracts 141
7 Experiments on Organizations 155
8 Macroeconomic Experiments 168
9 Experiments in Political Economy 185
10 Field Experiments and Development Economics 201
References 216
Index 236