Economic Choice Theory by John H. Kagel, Raymond C. Battalio, Leonard Green
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Format Paperback
Condition Brand New
Description This book details the results of the authors' research program using laboratory animals to experimentally investigate individual choice theory in economics. Economic models are compared to psychological and biological choice models along with the results of experiments sorted out between these competing explanations.
Publisher Description
This book details the results of the authors' research using laboratory animals to investigate individual choice theory in economics-consumer-demand and labour supply behaviour and choice under uncertainty. The use of laboratory animals provides the opportunity to conduct controlled experiments involving precise and demanding tests of economic theory with rewards and punishments of real consequence. Economic models are compared to psychological and biological choice models along with the results of experiments testing between these competing explanations. Results of animal experiments are used to address questions of social policy importance.
Details ISBN 0521035929 ISBN-13 9780521035927 Title Economic Choice Theory Author John H. Kagel, Raymond C. Battalio, Leonard Green Format Paperback Year 2007 Pages 248 Publisher Cambridge University Press GE_Item_ID:7695335; About Us
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