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Published May 1976 | Version Published
Journal Article Open

Experimental economics: Induced value theory

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Abstract

It is the premise of this paper that the study of the decision behavior of suitably motivated individuals and groups in lab- oratory or other socially isolated settings such as hospitals (R. Battalio, J. Kagel, et al., 1973) has important and significant application to the development and verification of theories of the economic system at large.

Additional Information

© 1976 American Economic Association. Support from NSF grants is gratefully acknowledged. This paper is an articulation of concepts originally developed in the course of several seminars in experimental economics taught at Purdue University, 1964-67. Formerly SSWP 73.

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Eprint ID
83479
Resolver ID
CaltechAUTHORS:20171127-164410445

Related works

Describes
http://www.jstor.org/stable/1817233 (URL)
http://resolver.caltech.edu/CaltechAUTHORS:20171031-134850120 (URL)

Funding

NSF

Dates

Created
2017-11-28
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Updated
2019-10-03
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