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Toward a Cognitive Experimental Economics

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Author Info
Marco Novarese (Centre for Cognitive Economics - Università del Piemonte Orientale)

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Abstract

This paper aims to analyze and exemplify some methodological implications on the way to conduct experiments related to the adoption of a cognitive approach in Economics. Many differences arise in relation to a more traditional way. In fact cognitive economics has strong descriptive attention and aims at beeing closer to reality than the mainstream. Besides the idea of representative agents is questioned. Different kind of experiments, differents analysis and new tools are so required. The paper proposes also some notes on the relation between experimental economics and simulation with artificial agents.

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File URL: http://129.3.20.41/eps/exp/papers/0211/0211002.pdf
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Publisher Info
Paper provided by EconWPA in its series Experimental with number 0211002.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 18 pages
Date of creation: 17 Nov 2002
Date of revision:
Handle: RePEc:wpa:wuwpex:0211002

Note: Type of Document - PDF; prepared on IBM PC - PC-TEX; to print on HP; pages: 18; figures: included. forthcoming in a book on Cognitive Economics (title to be defined) edited by Salvatore Rizzello
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Web page: http://129.3.20.41

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Related research
Keywords: cognitive economics; experimental economics; learning;

Find related papers by JEL classification:
D8 - Microeconomics - - Information, Knowledge, and Uncertainty
D2 - Microeconomics - - Production and Organizations

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Tversky, Amos & Kahneman, Daniel, 1992. " Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
  2. Egidi, Massimo & Narduzzo, Alessandro, 1997. "The emergence of path-dependent behaviors in cooperative contexts," International Journal of Industrial Organization, Elsevier, vol. 15(6), pages 677-709, October. [Downloadable!] (restricted)
    Other versions:
  3. Leigh Tesfatsion, 2002. "Agent-Based Computational Economics," Computational Economics 0203001, EconWPA, revised 15 Aug 2002. [Downloadable!]
  4. Nigel Gilbert & Pietro Terna, 2000. "How to build and use agent-based models in social science," Mind and Society: Cognitive Studies in Economics and Social Sciences, Fondazione Rosselli, vol. 1(1), pages 57-72, March. [Downloadable!] (restricted)
  5. Hugh Kelley & Daniel Friedman, 2002. "Learning to Forecast Price," Economic Inquiry, Oxford University Press, vol. 40(4), pages 556-573, October.
  6. Andreoni, James, 1995. "Cooperation in Public-Goods Experiments: Kindness or Confusion?," American Economic Review, American Economic Association, vol. 85(4), pages 891-904, September. [Downloadable!] (restricted)
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This page was last updated on 2009-10-29.


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