Field Experiments in Economics

Field Experiments in Economics by Jeffrey P. Carpenter, published by Emerald Group Publishing Limited on May 23, 2005, is an illustrated edition comprising 384 pages. This book explores the evolving methodology of experimental economics, focusing on the shift from traditional classroom settings to field environments. It discusses how experimental economists are engaging real-world subjects and utilizing practical contexts to enhance their research.
Readers will find a comprehensive examination of various applications of field experiments, addressing topics such as risk and time preferences among the Danish population and the savings decisions of the Canadian working poor. The volume also delves into the differences in social preferences between American students and workers, the impact of educational vouchers on American school children, and variations in bargaining behavior across nations. This work serves as an introduction to the methodological challenges and diverse applications within the realm of experimental economics.
Official synopsis Publisher
Experimental economists are leaving the reservation. They are recruiting subjects in the field rather than in the classroom, using field goods rather than induced valuations, and using field context rather than abstract terminology in instructions. This volume examines the methodology of field experiments, and offers a wide array of applications of field experiments. The methodological issues revolve around the ability of field experimenters to ensure the same degree of control that lab experimenters claim. The applications cover issues such as risk and time preferences of the Danish population, savings decisions of the Canadian working poor, differences between the social preferences of American students and workers, the effect of educational vouchers on American school children, and differences in bargaining behavior across nations. This volume serves as an introduction to the issues and applications of this new area of experimental economics.
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