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Experimental economists are leaving the reservation. They are recruiting subjects in the field rather than in the classroom, using field goods rather than induced valuations, and using field context rather than abstract terminology in instructions. This volume examines the methodology of field experiments, and offers a wide array of applications of field experiments. The methodological issues revolve around the ability of field experimenters to ensure the same degree of control that lab experimenters claim. The applications cover issues such as risk and time preferences of the Danish population, savings decisions of the Canadian working poor, differences between the social preferences of American students and workers, the effect of educational vouchers on American school children, and differences in bargaining behavior across nations. This volume serves as an introduction to the issues and applications of this new area of experimental economics.
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This series presents research utilizing laboratory experimental methods in economics. A distinction between this book series and traditional journals is that the book series format allows for papers and features that might not be appropriate for journals. Some examples which have been included in this series are: papers with complete presentation of experimental instructions and data, papers which report replication and robustness results, methodological papers, and theoretical papers motivated specifically by experimentation. The series currently consists of two different types of volumes. Some volumes are open-submission covering all topics. The papers in these volumes are reviewed externally. The other volumes, recently undertaken and with Prof. Charles Holt as a co-editor, are focused on a single, broad research topic with papers solicited and reviewed by the co-editors.