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An innovative introduction to economic behavior that uses interactive experiments to promote experience-based discovery

From a pioneer in experimental economics, an expanded and updated edition of a textbook that brings economic experiments into the classroom

Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in psychology and statistics with the Nash equilibrium approach of classical game theory. Nash equilibrium assumes...

A small but increasing number of economists have begun to use laboratory experiments to evaluate economic propositions under carefully controlled conditions. Experimental Economics is the first comprehensive treatment of this rapidly...