Experimetrics: Econometrics for Experimental Economics

ISBN-13: 9780230250222 / Angielski / Miękka / 2015 / 496 str.

Peter G. Moffatt

Opis

Provides advanced students and researchers in experimental economics with the skills they need in order to analyse their data in deeper and more illuminating ways.

Spis treści

1. Introduction and Overview 2. Statistical Aspects of Experimental Design in Experimental Econometrics 3. Treatment Testing 4. Theory Testing, Regression and Dependence 5. Modelling of Decision Times using Regression Analysis 6. Dealing with Discreteness in Experimental Data 7. Ordinal Data in Experimetrics 8. Dealing with Heterogeneity: Finite Mixture Models 9. Simulating Experimental Data, and the Monte-Carlo Method 10. Introduction to the Method of Maximum Simulated Likelihood 11. Dealing with Zeros: Hurdle Models 12. Choice under Risk: Theoretical Issues 13. Choice under Risk: Econometric Modelling 14. Optimal Design in Binary Choice Experiments 15. Social Preference Models 16. Repeated Games and Quantal Response Models 17. Depth of Reasoning Models 18. Learning Models 19. Summary and Conclusion Appendix A: List of Data Files and Other Files Appendix B: List of STATA Commands Appendix C: Choice Problems used in Chapters 5 and 13 References.

O autorze

Peter G. Moffatt is Professor of Econometrics at the University of East Anglia, UK.

Blurb

Experimetrics is an essential guide to discovering new and more illuminating ways to analyse experimental econometric data.

Peter Moffatt, one of the world's experts in the field, covers a range of techniques: from the familiar, such as treatment testing, to lesser known ones such as finite mixture models and the method of maximum simulated likelihood. The book takes a hands-on approach by explaining STATA commands in detail. In addition, difficult problems inherent in the methodology are addressed, such as the parametric estimation of social preference models, quantal response models, and learning models.

An indispensable book for researchers and advanced students in experimental and behavioural economics who want to come to grips with the field of Experimetrics.

The companion website www.palgrave.com/moffatt contains:
– all data sets (in Stata format) used as examples in the book;
– an executable Stata 'do-file' containing stata commands and programs used in examples; and
– an Excel file containing some Excel calculations presented in the text