Abstract

There has been little research devoted exclusively to experimental law and economics. However, much of the work in general experimental economics is directly applicable to law and economics. Hence, this essay addresses the general methodology of experimental economics, reviews some of its results of interest to scholars in law and economics, and outlines in detail some major research programmes and their results, hoping thereby to challenge scholars in law and economics to think of ways to incorporate laboratory experiments into their research. For surveys on experimental economics in general, see Berg et al. (1995a), Davis and Holt (1993), Hey (1991), and Kagel and Roth (1995). For surveys of experimental law and economics, see Hoffman (1997) and Hoffman and Spitzer (1985b), from which this essay draws heavily.

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