Problem Solving and Hypothesis Testing Using Economic Experiments

The roots and uses of economic experiments in problem solving and hypothesis testing are explored in the present article. The literature suggests that the primary advantage of economics experiments is the ability to use controlled stimuli to test economic hypotheses. Other literature also suggests that experiments are useful in problem solving settings. The advantages and disadvantages of experiments are discussed.

MoreLess

Year of publication:	2003
Authors:	Hudson, Darren
Published in:	Journal of Agricultural and Applied Economics. - Southern Agricultural Economics Association - SAEA. - Vol. 35.2003, 02
Publisher:	Southern Agricultural Economics Association - SAEA
Subject:	experiments \| problem solving \| hypothesis testing

More details

Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005513961