Laboratory experiments are a widely used methodology for advancing causal knowledge in
the physical and life sciences. With the exception of psychology, the adoption of laboratory …

In this paper, I discuss the importance of conducting experimental research in managerial
accounting and provide a framework for understanding and assessing the contributions of …

Do things such as performance indicators, valuation formulas, consumer tests, stock prices
or financial contracts represent an external reality? Or do they rather constitute, in a …

This paper attempts to test the hypothesis that utility depends on income relative to a
'comparison'or reference level. Using data on 5,000 British workers, it provides two findings …

The well-known Easterlin paradox points out that average happiness has remained constant
over time despite sharp rises in GNP per head. At the same time, a micro literature has …

This paper begins with a sketch of the New Institutional Economics, with special emphasis
on the 'institutional environment'(North and others) and the 'institutions of …

Experimenter demand effects refer to changes in behavior by experimental subjects due to
cues about what constitutes appropriate behavior. We argue that they can either be social or …

This widely adopted text starts with the fundamentals--what is economic growth, what is
development, and what is the relationship between these two concepts? The authors …

In almost every human society some people get more and others get less. Why is inequity
the rule in these societies? In The Origins of Unfairness, philosopher Cailin O'Connor firstly …

The experimental approach in economics is a driving force behind some of the most exciting
developments in the field. The'experimental revolution'was based on a series of bold …