Experimetrics

Experimetrics comprises the body of econometric techniques that are customized to experimental applications.


Experimetrics refers to the application of econometrics to economics experiments.[1] Experimetrics refers to formal procedures used in designed investigations of economic hypotheses.[2]

One branch of experimetrics uses experiments to evaluate the performance of econometric estimators [3]

In short, experimetrics is the field of study that lies at the intersection of experimental economics and econometrics. It refers to a broad swath of the economics literature, and encompasses both the theoretical and statistical basis of econometrics, as well as the methodology of the experimental method.

References
  1. Colin Camerer, Behavioral Game Theory: Experiments in Strategic Interaction (2003), p. 42.
  2. Houser, D. (2008) "Experiments and Econometrics" In: Durlauf, S. and Blume L. (Eds.), New Palgrave Dictionary of Economics, 2nd edition. Palgrave-MacMillan. ISBN 0-333-78676-9
  3. Cox,J.C., Oaxaca, R.L. (2009) "Chapter 114 Experimetrics: The Use of Market Experiments to Evaluate the Performance of Econometric Estimators", In: Charles R. Plott and Vernon L. Smith, Editor(s) (2008) Handbook of Experimental Economics Results, Elsevier, 2008, Volume 1, Pages 1078-1086, ISBN 978-0-444-82642-8, doi: 10.1016/S1574-0722(07)00114-X PDF preprint Archived 2009-11-14 at the Wayback Machine
  • Bardsley, Nicholas; Moffatt, Peter Grant (2007). "The Experimetrics of Public Goods: Inferring Motivations from Contributions". Theory and Decision. 62 (2): 161–193. doi:10.1007/s11238-006-9013-3.
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