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Experimental Organizational Economics
journal contributionposted on 2007-01-01, 00:00 authored by Colin F. Camerer, Roberto A. Weber
This chapter is about experiments that study aspects of organizational structure and economic performance. Relative to field studies using empirical data, experiments often have obvious advantages, especially the value of control and randomized assignment to implement theoretical assumptions that can only be imperfectly measured or controlled econometrically using field data. Despite these advantages, the range of organizational hypotheses studied in experiments is small, although it is growing rapidly.