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Experiments as exhibits and experiments as tests

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  • Robert Sugden

Abstract

Two roles of experiments in behavioural economics are distinguished - experiments as exhibits and experiments as tests of theories. An exhibit is an experimental design which reliably induces a surprising regularity, typically combined with an informal hypothesis about the underlying causal mechanism. 'Deviation theories' - generalisations of received theories which incorporate additional causal mechanisms - are constructed so as to be consistent with known exhibits, and tested in new situations. The paper argues that the principles of good practice are different for the two types of experiment, in part because of a tendency for successful exhibits to be produced by several causal mechanisms.

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  • Robert Sugden, 2005. "Experiments as exhibits and experiments as tests," Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(2), pages 291-302.
    • Handle: RePEc:taf:jecmet:v:12:y:2005:i:2:p:291-302
    DOI: 10.1080/13501780500086248
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    References listed on IDEAS

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    Cited by:

    1. Fiore, Annamaria, 2009. "Experimental Economics: Some Methodological Notes," MPRA Paper 12498, University Library of Munich, Germany.
    2. Gianfranco Giulioni & Marcello Silvestri & Edgardo Bucciarelli, 2017. "Firms’ Finance in an Experimentally Microfounded Agent-Based Macroeconomic Model," Metroeconomica, Wiley Blackwell, vol. 68(2), pages 259-320, May.
    3. Guala, Francesco & Mittone, Luigi, 2010. "Paradigmatic experiments: The Dictator Game," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(5), pages 578-584, October.
    4. repec:cup:judgdm:v:12:y:2017:i:4:p:408-414 is not listed on IDEAS
    5. Zizzo, Daniel John, 2013. "Claims and confounds in economic experiments," Journal of Economic Behavior & Organization, Elsevier, vol. 93(C), pages 186-195.
    6. Luigino Bruni & Fabio Tufano, 2017. "The value of vulnerability: The transformative capacity of risky trust," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 12(4), pages 408-414, July.
    7. Mathieu Désolé & Stefano Farolfi & Fioravante Patrone & Patrick Rio, 2009. "From Experience to Experiments in South African Water Management: Defining the Framework," Working Papers 09-24, LAMETA, Universtiy of Montpellier, revised Dec 2009.
    8. van Pelt, Victor, 2019. "A dynamic view of management accounting systems," Other publications TiSEM 782413b7-2830-4e6d-bc4c-3, Tilburg University, School of Economics and Management.
    9. Martin Jones, 2008. "On the autonomy of experiments in economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 15(4), pages 391-407.
    10. Croson, Rachel & Gächter, Simon, 2010. "The science of experimental economics," Journal of Economic Behavior & Organization, Elsevier, vol. 73(1), pages 122-131, January.
    11. Ana C. Santos, 2011. "Experimental Economics," Chapters, in: John B. Davis & D. Wade Hands (ed.), The Elgar Companion to Recent Economic Methodology, chapter 3, Edward Elgar Publishing.

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