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Titlebook: Surveys in Experimental Economics; Bargaining, Cooperat Friedel Bolle,Marco Lehmann-Waffenschmidt Book 2002 Physica-Verlag Heidelberg 2002

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Comment on Simon Gächter and Ernst Fehrmpirical studies in labour economics that use field data — i.e., data collected within natural environments as opposed to the laboratory — there are, so far, only a few experimental investigations. And these experiments do not yet cover all topics of modern labour economics as they are outlined e.g.
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Cooperation in Environmental Commonsthe group of (potential) users has to deal with an unfavourable incentive structure, motivating the individual user to harvest or to pollute, respectively, to an unsustainable extent. In the survey presented here experience from a variety of experimental commons dilemma situations is reported. Evalu
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Comment on Axel Ostmannesource (the commons) subtracts from its value to others, yet exclusion of users is difficult. Environmental and natural resource problems such as greenhouse gas warming, groundwater management and fishery management are obvious applications, but the fundamental structure applies to most cases in wh
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Election Marketsese institutions have entered into competition with so-called political stock markets. The origin of these experimental markets dates back to the work of .. This article concentrates on four computerized political stock markets, which took place in Germany. The paper also gives a summary of the resu
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What Do Market Makers Achieve?answered with the help of experiments. Growing competition between different stock exchanges raises the general question of finding the most efficient way to organize securities trade. This paper presents results from a large scale experimental market which was designed to compare different market s
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Comment on Gregor Brüggelambert and Arwed Crüger, Forrest Nelson and Reinhard Tietz, and Jörg Bochowvidual market data that can hardly be observed in real-world markets. Using these data it becomes possible to test several hypotheses that are common in microeconomic models or to study the efficiency of different market institutions. The first markets, conducted at University of Iowa on the occasio
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Book 2002eld experiments obviously provide a further valuable source of empirical evidence of economic behavior besides statistics, econometrics, polls, interviews and simulations. In an overview of the recent developments in Experimental Economics, the present book concentrates on three central themes stand
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Cooperation in Public Goods Experiments 1987 for a survey). They are often complicated and difficult to apply . suggested a simple tax-subsidy scheme. In a series of experiments, . show that with this mechanism an almost efficient public goods provision can be achieved. But, although this mechanism is easy to apply, it requires a central authority that can enforce taxes.
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