Published May 1976
| Published
Journal Article
Open
Experimental economics: Induced value theory
- Creators
- Smith, Vernon L.
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.Attached Files
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Additional details
- Eprint ID
- 83479
- Resolver ID
- CaltechAUTHORS:20171127-164410445
- NSF
- Created
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2017-11-28Created from EPrint's datestamp field
- Updated
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2019-10-03Created from EPrint's last_modified field