Edward Elgar Publishing Market Institutions and Price Discovery - Charles R. Plott

Explore a definitive collection of research in experimental economics with Market Institutions and Price Discovery. Part of the Economists of the Twentieth Century series, this volume by Edward Elgar Publishing brings together three decades of work by Charles R. Plott. This second volume focuses on the foundations of economics and political science through the lens of experimental methods. The text provides a deep look into how laboratory methodologies are created and applied to define economic problems. By examining early experimental literature, the volume explains what can be learned from these applications and how they shape our understanding of market behavior. It also covers the initial uses of newly developed laboratory methods, making it a vital resource for those studying the history and evolution of economic experimentation. This collection is essential for researchers and students looking to understand the groundwork of modern experimental economics.