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Doing it both ways – experimental practice and heuristic context

Published online by Cambridge University Press:  06 November 2001

Glenn W. Harrison
Affiliation:
Department of Economics, The Darla Moore School of Business, University of South Carolina, Columbia, SC 29212 [email protected]@darla.badm.sc.edu www.dmsweb.badm.sc.edu/glenn www.dmsweb.badm.sc.edu/lisa
E. Elisabet Rutström
Affiliation:
Department of Economics, The Darla Moore School of Business, University of South Carolina, Columbia, SC 29212 [email protected]@darla.badm.sc.edu www.dmsweb.badm.sc.edu/glenn www.dmsweb.badm.sc.edu/lisa

Abstract

Psychologists can learn from the procedural conventions of experimental economics. But the rationale for those conventions must be examined and understood lest they become constraints. Field referents and the choice of heuristic, matter for behavior. This theme unites the fields of experimental psychology and experimental economics by the simple fact that the object of study in both cases is the same.

Type
Brief Report
Copyright
© 2001 Cambridge University Press

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