메뉴 건너뛰기




Volumn 23, Issue 3, 2009, Pages 407-432

Laboratory experiments for economic policy making

Author keywords

Experimental economics; Policy experiments

Indexed keywords

COMPETITION POLICY; ECONOMETRICS; ECONOMIC POLICY; EXPERIMENTAL STUDY; FINANCIAL MARKET; GAME THEORY; POLICY MAKING;

EID: 67049109160     PISSN: 09500804     EISSN: 14676419     Source Type: Journal    
DOI: 10.1111/j.1467-6419.2008.00567.x     Document Type: Article
Times cited : (33)

References (82)
  • 2
    • 0037273684 scopus 로고    scopus 로고
    • Asymmetric demand information in uniform and discriminatory call auctions: An experimental analysis motivated by electricity markets
    • Abbink, K., Brandts, J. and McDaniel, T. (2003) Asymmetric demand information in uniform and discriminatory call auctions: An experimental analysis motivated by electricity markets. Journal of Regulatory Economics 23: 125-144.
    • (2003) Journal of Regulatory Economics , vol.23 , pp. 125-144
    • Abbink, K.1    Brandts, J.2    McDaniel, T.3
  • 5
    • 0033669752 scopus 로고    scopus 로고
    • Efficiency and income shares in high-demand energy networks: Who receives the congestion rents when a line is constrained
    • Backerman, S., Rassenti, S. and Smith, V.L. (2000) Efficiency and income shares in high-demand energy networks: Who receives the congestion rents when a line is constrained? The Pacific Economic Review 3: 331-347.
    • (2000) The Pacific Economic Review , vol.3 , pp. 331-347
    • Backerman, S.1    Rassenti, S.2    Smith, V.L.3
  • 7
    • 0000348805 scopus 로고    scopus 로고
    • Subject pool choice and treatment effects in economic laboratory research
    • In R.M. Isaac (ed.) Greenwich: JAI Press
    • Ball, S.B. and Cech, P.A. (1996) Subject pool choice and treatment effects in economic laboratory research. In R.M. Isaac (ed.), Research in Experimental Economics (Vol. 6, pp. 239-292). Greenwich: JAI Press.
    • (1996) Research in Experimental Economics , vol.6 , pp. 239-292
    • Ball, S.B.1    Cech, P.A.2
  • 12
    • 0036222781 scopus 로고    scopus 로고
    • The biggest auction ever. The sale of the British 3G telecom licences
    • Binmore, K. and Klemperer P. (2002) The biggest auction ever. The sale of the British 3G telecom licences. Economic Journal 112: C74-C96.
    • (2002) Economic Journal , vol.112
    • Binmore, K.1    Klemperer, P.2
  • 14
    • 0001478163 scopus 로고
    • An experimental investigation of the seller incentives in EPA's emission trading auction
    • Cason, T.N. (1995) An experimental investigation of the seller incentives in EPA's emission trading auction. American Economic Review 85: 905-922.
    • (1995) American Economic Review , vol.85 , pp. 905-922
    • Cason, T.N.1
  • 15
    • 0032390841 scopus 로고    scopus 로고
    • An experimental study of Electronic Bulletin Board Trading for emission permits
    • Cason, T.N. and Gangadharan, L. (1998) An experimental study of Electronic Bulletin Board Trading for emission permits. Journal of Regulatory Economics 14: 55-73.
    • (1998) Journal of Regulatory Economics , vol.14 , pp. 55-73
    • Cason, T.N.1    Gangadharan, L.2
  • 17
    • 84890881719 scopus 로고    scopus 로고
    • A test bed experiment for water and salinity rights trading in irrigation regions of the Murray Darling Basin, Australia
    • In T. Cherry, S. Kroll and J. Shogren (eds) London: Routlege, forthcoming
    • Cason, T., Duke, C. and Gangadharan L. (2007) A test bed experiment for water and salinity rights trading in irrigation regions of the Murray Darling Basin, Australia. In T. Cherry, S. Kroll and J. Shogren (eds), Experimental Methods, Environmental Economics. London: Routlege, forthcoming.
    • (2007) Experimental Methods, Environmental Economics
    • Cason, T.1    Duke, C.2    Gangadharan, L.3
  • 18
    • 0038078403 scopus 로고    scopus 로고
    • An experimental analysis of emission permits with banking and the Clean Air Act amendments of 1990
    • In R.M. Isaac and C.A. Holt (eds) Greenwich: JAI Press
    • Cronshaw, M.B. and Brown-Kruse, J. (1999) An experimental analysis of emission permits with banking and the Clean Air Act amendments of 1990. In R.M. Isaac and C.A. Holt (eds), Research in Experimental Economics (Vol. 7, pp. 1-24). Greenwich: JAI Press.
    • (1999) Research in Experimental Economics , vol.7 , pp. 1-24
    • Cronshaw, M.B.1    Brown-Kruse, J.2
  • 19
    • 31244435797 scopus 로고    scopus 로고
    • Strategic interactions, market information and mergers in differentiated product markets: An experimental investigation
    • Davis, D.D. (2002) Strategic interactions, market information and mergers in differentiated product markets: An experimental investigation. International Journal of Industrial Organization 20: 1277-1312.
    • (2002) International Journal of Industrial Organization , vol.20 , pp. 1277-1312
    • Davis, D.D.1
  • 20
    • 0002133027 scopus 로고    scopus 로고
    • Conspiracies and secret price discounts
    • Davis, D.D. and Holt, C.A. (1998) Conspiracies and secret price discounts. Economic Journal 108: 1-21.
    • (1998) Economic Journal , vol.108 , pp. 1-21
    • Davis, D.D.1    Holt, C.A.2
  • 21
    • 35448951003 scopus 로고    scopus 로고
    • Experimental methods and antitrust policy
    • In C.A. Holt and R.M. Isaac (eds) Greenwich: JAI Press
    • Davis, D.D. and Wilson, B.J. (2002) Experimental methods and antitrust policy. In C.A. Holt and R.M. Isaac (eds), Research in Experimental Economics (Vol. 9, pp. 61-94). Greenwich: JAI Press.
    • (2002) Research in Experimental Economics , vol.9 , pp. 61-94
    • Davis, D.D.1    Wilson, B.J.2
  • 22
    • 17144431257 scopus 로고    scopus 로고
    • Differentiated product competition and the antitrust logit model: An experimental analysis
    • Davis, D.D. and Wilson, B.J. (2005) Differentiated product competition and the antitrust logit model: An experimental analysis. Journal of Economic Behavior and Organization 57: 89-113.
    • (2005) Journal of Economic Behavior and Organization , vol.57 , pp. 89-113
    • Davis, D.D.1    Wilson, B.J.2
  • 23
    • 33746842679 scopus 로고    scopus 로고
    • Equilibrium price dispersion, mergers and synergies: An experimental investigation of differentiated product competition
    • Davis, D.D. and Wilson, B.J. (2006) Equilibrium price dispersion, mergers and synergies: An experimental investigation of differentiated product competition. International Journal of the Economics of Business 13: 169-194.
    • (2006) International Journal of the Economics of Business , vol.13 , pp. 169-194
    • Davis, D.D.1    Wilson, B.J.2
  • 26
    • 0010214405 scopus 로고    scopus 로고
    • Development of water markets using experimental laboratory experiments
    • In K.W. Easter, M.W. Rosegrant and A. Dinar (eds) Natural Resource Management and Policy Series. Boston, MA: Kluwer Academic
    • Dinar, A., Howitt, R.E., Rassenti, S.J. and Smith, V.L. (1998) Development of water markets using experimental laboratory experiments. In K.W. Easter, M.W. Rosegrant and A. Dinar (eds), Markets for Water: Potential and Performance (pp. 259-275). Natural Resource Management and Policy Series. Boston, MA: Kluwer Academic.
    • (1998) Markets for Water: Potential and Performance , pp. 259-275
    • Dinar, A.1    Howitt, R.E.2    Rassenti, S.J.3    Smith, V.L.4
  • 27
    • 67049168072 scopus 로고    scopus 로고
    • Salinity in water markets - Property rights for water quality and quantity in the Murray Darling Basin
    • Duke, C. and Gangadharan, L. (2007) Salinity in water markets - property rights for water quality and quantity in the Murray Darling Basin, Ecological Economics 46(3): 446-471.
    • (2007) Ecological Economics , vol.46 , Issue.3 , pp. 446-471
    • Duke, C.1    Gangadharan, L.2
  • 29
    • 0042988442 scopus 로고    scopus 로고
    • Experimental research on the EPA's 'two-tier' system for marketable emissions permits
    • In R.M. Isaac and C.A. Holt (eds) Greenwich: JAI Press
    • Franciosi, R., Isaac, R.M. and Reynolds, S.S. (1999) Experimental research on the EPA's 'two-tier' system for marketable emissions permits. In R.M. Isaac and C.A. Holt (eds), Research in Experimental Economics (Vol. 7, pp. 25-44). Greenwich: JAI Press.
    • (1999) Research in Experimental Economics , vol.7 , pp. 25-44
    • Franciosi, R.1    Isaac, R.M.2    Reynolds, S.S.3
  • 32
    • 67049141937 scopus 로고    scopus 로고
    • Predatory pricing: Rare like a unicorn?
    • In C. Plott and V.L. Smith (eds) New York: Elsevier
    • Goeree, J.K., Gomez, R. and Holt, C. (2004) Predatory pricing: Rare like a unicorn? In C. Plott and V.L. Smith (eds), Handbook of Experimental Economic Results. New York: Elsevier.
    • (2004) Handbook of Experimental Economic Results
    • Goeree, J.K.1    Gomez, R.2    Holt, C.3
  • 33
    • 85005423548 scopus 로고
    • The effects of market practices in oligopolistic markets: An experimental examination of the Ethyl case
    • Grether, D.M. and Plott, C.R. (1984) The effects of market practices in oligopolistic markets: An experimental examination of the Ethyl case. Economic Inquiry 22: 479-507.
    • (1984) Economic Inquiry , vol.22 , pp. 479-507
    • Grether, D.M.1    Plott, C.R.2
  • 34
    • 84925930878 scopus 로고
    • The allocation of landing rights by unanimity among competitors
    • Grether, D.M., Isaac, R.M. and Plott, C.R. (1981) The allocation of landing rights by unanimity among competitors. American Economic Review 71: 166-171.
    • (1981) American Economic Review , vol.71 , pp. 166-171
    • Grether, D.M.1    Isaac, R.M.2    Plott, C.R.3
  • 37
    • 0347536441 scopus 로고    scopus 로고
    • Experimental tests of consciously parallel behavior in oligopoly
    • In L. Phlips (ed.) Cambridge: Cambridge University Press
    • Harstad, R., Martin, S. and Normann, H.T. (1998) Experimental tests of consciously parallel behavior in oligopoly. In L. Phlips (ed.), Applied Industrial Economics (pp. 123-151). Cambridge: Cambridge University Press.
    • (1998) Applied Industrial Economics , pp. 123-151
    • Harstad, R.1    Martin, S.2    Normann, H.T.3
  • 40
    • 0002676891 scopus 로고
    • Industrial organization: A survey of laboratory research
    • In J. Kagel and A. Roth (eds) Princeton, NJ: Princeton University Press
    • Holt, C.A. (1995) Industrial organization: A survey of laboratory research. In J. Kagel and A. Roth (eds), Handbook of Experimental Economics (pp. 349-443). Princeton, NJ: Princeton University Press.
    • (1995) Handbook of Experimental Economics , pp. 349-443
    • Holt, C.A.1
  • 41
    • 0001565340 scopus 로고
    • The effects of non-binding price announcements in posted-offer markets
    • Holt, C.A. and Davis, D.D (1990) The effects of non-binding price announcements in posted-offer markets. Economics Letters 34: 307-310.
    • (1990) Economics Letters , vol.34 , pp. 307-310
    • Holt, C.A.1    Davis, D.D.2
  • 42
    • 0001560620 scopus 로고
    • Rate filing policies for inland water transportation: An experimental approach
    • Hong, J. and Plott, C.R. (1982) Rate filing policies for inland water transportation: An experimental approach. Bell Journal of Economics 13: 1-19.
    • (1982) Bell Journal of Economics , vol.13 , pp. 1-19
    • Hong, J.1    Plott, C.R.2
  • 43
    • 0034582213 scopus 로고    scopus 로고
    • Does information about competitors' actions increase or decrease competition in experimental oligopoly markets
    • Huck, S., Normann, H.T. and Oechssler, J. (2000) Does information about competitors' actions increase or decrease competition in experimental oligopoly markets? International Journal of Industrial Organization 18: 39-57.
    • (2000) International Journal of Industrial Organization , vol.18 , pp. 39-57
    • Huck, S.1    Normann, H.T.2    Oechssler, J.3
  • 45
    • 67049163876 scopus 로고    scopus 로고
    • IIOC Arlington 2008, Roundtable of Antitrust Chief Economists: The View from the European Commission
    • IIOC (2008) The 6th Annual International Industrial Organization Conference, Arlington 2008, Roundtable of Antitrust Chief Economists: The View from the European Commission.
    • (2008) The 6th Annual International Industrial Organization Conference
  • 46
    • 0011597483 scopus 로고
    • Price controls and behavior of auction markets: An experimental examination
    • Isaac, R.M. and Plott, C.R. (1981) Price controls and behavior of auction markets: An experimental examination. American Economic Review 71: 449-459.
    • (1981) American Economic Review , vol.71 , pp. 449-459
    • Isaac, R.M.1    Plott, C.R.2
  • 48
    • 26644466973 scopus 로고    scopus 로고
    • Experimental test bedding of a pollution trading system: Southern California's Reclaim emissions market
    • In R.M. Isaac (ed.) Greenwich: JAI Press
    • Ishikida, T., J. Ledyard, M. Olson and D. Porter (2001) Experimental test bedding of a pollution trading system: Southern California's Reclaim emissions market. In R.M. Isaac (ed.), Research in Experimental Economics (Vol. 8). Greenwich: JAI Press.
    • (2001) Research in Experimental Economics , vol.8
    • Ishikida, T.1    Ledyard, J.2    Olson, M.3    Porter, D.4
  • 49
    • 21344496503 scopus 로고
    • On the existence of predatory pricing: An experimental study of reputation and entry deterrence in the chain-store game
    • Jung, Y.J., Kagel, J.H. and Levin, D. (1994) On the existence of predatory pricing: An experimental study of reputation and entry deterrence in the chain-store game. RAND Journal of Economics 25: 72-93.
    • (1994) RAND Journal of Economics , vol.25 , pp. 72-93
    • Jung, Y.J.1    Kagel, J.H.2    Levin, D.3
  • 50
    • 34247334564 scopus 로고    scopus 로고
    • An experimental analysis of the effects of automated mitigation procedures on investment and prices in wholesale electricity markets
    • Kiesling, L. and Wilson, B.J. (2007) An experimental analysis of the effects of automated mitigation procedures on investment and prices in wholesale electricity markets. Journal of Regulatory Economics 31: 313-334.
    • (2007) Journal of Regulatory Economics , vol.31 , pp. 313-334
    • Kiesling, L.1    Wilson, B.J.2
  • 52
    • 0005869015 scopus 로고    scopus 로고
    • A market-based mechanism for allocating space shuttle secondary payload priority
    • Ledyard, J., Porter, D. and Wessen, R. (2000) A market-based mechanism for allocating space shuttle secondary payload priority. Experimental Economics 2: 173-195.
    • (2000) Experimental Economics , vol.2 , pp. 173-195
    • Ledyard, J.1    Porter, D.2    Wessen, R.3
  • 54
    • 0000029479 scopus 로고
    • Designing smart computer assisted markets: An experimental auction for gas networks
    • McCabe, K.A., Rassenti, S.J. and Smith, V.L. (1989) Designing smart computer assisted markets: An experimental auction for gas networks. European Journal of Political Economy 5: 259-283.
    • (1989) European Journal of Political Economy , vol.5 , pp. 259-283
    • McCabe, K.A.1    Rassenti, S.J.2    Smith, V.L.3
  • 56
    • 0001014156 scopus 로고
    • Smart computer assisted markets
    • McCabe, K.A., Rassenti, S.J. and Smith, V.L. (1991) Smart computer assisted markets. Science 254: 534-538.
    • (1991) Science , vol.254 , pp. 534-538
    • McCabe, K.A.1    Rassenti, S.J.2    Smith, V.L.3
  • 57
    • 0011976643 scopus 로고
    • Designing a real time computer assisted auction for natural gas networks
    • In W. Cooper and A. Whinston (eds) Dordrecht: Kluwer Academic
    • McCabe, K.A., Rassenti, S.J. and Smith, V.L. (1994) Designing a real time computer assisted auction for natural gas networks. In W. Cooper and A. Whinston (eds), New Directions in Computational Economics (pp. 41-54). Dordrecht: Kluwer Academic.
    • (1994) New Directions in Computational Economics , pp. 41-54
    • McCabe, K.A.1    Rassenti, S.J.2    Smith, V.L.3
  • 58
    • 33745253472 scopus 로고    scopus 로고
    • A laboratory test of a Canadian proposal for an emissions trading program
    • In R.M. Isaac and C.A. Holt (eds) Greenwich: JAI Press
    • Mestelman, S., Moir, R. and Muller, R.A. (1999) A laboratory test of a Canadian proposal for an emissions trading program. In R.M. Isaac and C.A. Holt (eds), Research in Experimental Economics (Vol. 7). Greenwich: JAI Press.
    • (1999) Research in Experimental Economics , vol.7
    • Mestelman, S.1    Moir, R.2    Muller, R.A.3
  • 60
    • 67049136839 scopus 로고    scopus 로고
    • Experimental economics for antitrust law and policy
    • In W.D. Collins (ed.) Chicago, IL: American Bar Association Book Series
    • Normann, H.T. (2008) Experimental economics for antitrust law and policy. In W.D. Collins (ed.), Issues in Competition Law and Policy. Chicago, IL: American Bar Association Book Series.
    • (2008) Issues in Competition Law and Policy
    • Normann, H.T.1
  • 61
    • 67049174109 scopus 로고    scopus 로고
    • Vertical mergers, foreclosure and raising rivals' costs - Experimental evidence
    • forthcoming
    • Normann, H.T. (2009) Vertical mergers, foreclosure and raising rivals' costs - experimental evidence. European Economic Review, forthcoming.
    • (2009) European Economic Review
    • Normann, H.T.1
  • 62
    • 0020666906 scopus 로고
    • Externalities and corrective policies in experimental markets
    • Plott, C.R. (1983) Externalities and corrective policies in experimental markets. Economic Journal 93: 106-127.
    • (1983) Economic Journal , vol.93 , pp. 106-127
    • Plott, C.R.1
  • 63
    • 70350095847 scopus 로고
    • An updated review of industrial organization applications of experimental methods
    • In R. Schmalensee and R. Willig (eds) Amsterdam: Elsevier Science
    • Plott, C.R. (1989) An updated review of industrial organization applications of experimental methods. In R. Schmalensee and R. Willig (eds), Handbook of Industrial Organization (Vol. II, pp. 1111-1176). Amsterdam: Elsevier Science.
    • (1989) Handbook of Industrial Organization , vol.2 , pp. 1111-1176
    • Plott, C.R.1
  • 64
    • 0031483427 scopus 로고    scopus 로고
    • Laboratory experimental testbeds: Application to the PCS auction
    • Plott, C.R. (1997) Laboratory experimental testbeds: Application to the PCS auction. Journal of Economics and Management Strategy 6: 605-638.
    • (1997) Journal of Economics and Management Strategy , vol.6 , pp. 605-638
    • Plott, C.R.1
  • 65
    • 0030295550 scopus 로고    scopus 로고
    • Market architectures and institutional testbedding: An experiment with space station pricing policies
    • Plott, C.R. and Porter, D.P. (1996) Market architectures and institutional testbedding: An experiment with space station pricing policies. Journal of Economic Behavior and Organization 31: 237-272.
    • (1996) Journal of Economic Behavior and Organization , vol.31 , pp. 237-272
    • Plott, C.R.1    Porter, D.P.2
  • 66
    • 0347568449 scopus 로고    scopus 로고
    • The simultaneous, ascending auction: Dynamics of price adjustment in experiments and in the UK3G spectrum auction
    • Plott, C.R. and Salmon, T.C. (2004) The simultaneous, ascending auction: dynamics of price adjustment in experiments and in the UK3G spectrum auction. Journal of Economic Behavior and Organization 53: 353-383.
    • (2004) Journal of Economic Behavior and Organization , vol.53 , pp. 353-383
    • Plott, C.R.1    Salmon, T.C.2
  • 67
    • 0000594032 scopus 로고
    • A combinatorial auction mechanism for airport time slot allocation
    • Rassenti, S.J., Smith, V.L. and Bulfin, R.L. (1982) A combinatorial auction mechanism for airport time slot allocation. Journal of Economics 13: 402-417.
    • (1982) Journal of Economics , vol.13 , pp. 402-417
    • Rassenti, S.J.1    Smith, V.L.2    Bulfin, R.L.3
  • 68
    • 0011976643 scopus 로고
    • Designing a real time computer-assisted auction for natural gas resources
    • In W. Cooper and A. Whinston (eds) Dordrecht: Kluwer Academic
    • Rassenti, S., Smith, V. and McCabe, K. (1994) Designing a real time computer-assisted auction for natural gas resources. In W. Cooper and A. Whinston (eds), New Directions in Computational Economics (pp. 41-54). Dordrecht: Kluwer Academic.
    • (1994) New Directions in Computational Economics , pp. 41-54
    • Rassenti, S.1    Smith, V.2    McCabe, K.3
  • 70
    • 0008732140 scopus 로고    scopus 로고
    • Using experiments to inform the privatization/deregulation movement in electricity
    • Rassenti, S.J., Smith, V.L. and Wilson, B.J. (2002) Using experiments to inform the privatization/deregulation movement in electricity. The Cato Journal 21: 515-544.
    • (2002) The Cato Journal , vol.21 , pp. 515-544
    • Rassenti, S.J.1    Smith, V.L.2    Wilson, B.J.3
  • 71
  • 72
    • 0037273883 scopus 로고    scopus 로고
    • Discriminatory price auctions in electricity markets: Low volatility at the expense of high price levels
    • Rassenti, S.J., Smith, V.L. and Wilson, B.J. (2003b) Discriminatory price auctions in electricity markets: Low volatility at the expense of high price levels. Journal of Regulatory Economics 23: 109-123.
    • (2003) Journal of Regulatory Economics , vol.23 , pp. 109-123
    • Rassenti, S.J.1    Smith, V.L.2    Wilson, B.J.3
  • 73
    • 38949101236 scopus 로고    scopus 로고
    • Bringing macroeconomics into the lab
    • Ricciuti, R. (2008) Bringing macroeconomics into the lab. Journal of Macroeconomics 30: 216-237.
    • (2008) Journal of Macroeconomics , vol.30 , pp. 216-237
    • Ricciuti, R.1
  • 75
    • 0040628658 scopus 로고
    • On non-binding price controls in a competitive market
    • Smith, V.L. and Williams, A. (1981) On non-binding price controls in a competitive market. American Economic Review 71: 467-474.
    • (1981) American Economic Review , vol.71 , pp. 467-474
    • Smith, V.L.1    Williams, A.2
  • 79
    • 21844493421 scopus 로고
    • The effects of mergers in differentiated products industries: Structural merger policy and the logit model
    • Werden, G. and Froeb, L. (1994) The effects of mergers in differentiated products industries: Structural merger policy and the logit model. Journal of Law, Economics and Organization 10: 407-426.
    • (1994) Journal of Law, Economics and Organization , vol.10 , pp. 407-426
    • Werden, G.1    Froeb, L.2
  • 80
    • 0040470110 scopus 로고    scopus 로고
    • Simulation as an alternative to structural merger policy in differentiated products industries
    • In M. Coate and A. Kleit (eds) Boston, MA: Kluwer Academic
    • Werden, G. and Froeb, L. (1996) Simulation as an alternative to structural merger policy in differentiated products industries. In M. Coate and A. Kleit (eds), The Economics of the Antitrust Process. Boston, MA: Kluwer Academic.
    • (1996) The Economics of the Antitrust Process
    • Werden, G.1    Froeb, L.2
  • 81
    • 0031206246 scopus 로고    scopus 로고
    • A management approach for allocating instrument development resources
    • Wessen, R. and Porter, D. (1997) A management approach for allocating instrument development resources. Space Policy 13: 191-201.
    • (1997) Space Policy , vol.13 , pp. 191-201
    • Wessen, R.1    Porter, D.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.