Laboratory experiments for economic policy making
Journal of economic surveys, Vol. 23, No. 3, pp. 407-432
NORMANN, Hans-Theo, RICCIUTI, Roberto, Laboratory experiments for economic policy making, Journal of economic surveys, Vol. 23, No. 3, pp. 407-432 - https://hdl.handle.net/1814/42212
Retrieved from Cadmus, EUI Research Repository
In this paper, we assess the scope and the specific contribution of laboratory experiments for economic policy making. We review experiments which have addressed a specific problem, institution, mechanism design or tool relevant in economic policy. We have two research questions. What type of policy questions can be addressed in the laboratory? And what is the specific value added of economic experiments for policy making. The survey contains experiments on competition policy, auctions, regulated markets, and emission permits.
Cadmus permanent link: https://hdl.handle.net/1814/42212
Full-text via DOI: 10.1111/j.1467-6419.2008.00567.x
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