Descripción: Kluwer Academic Publishers «Laboratory methods are uniquely suited to the study of many phenomena that have been difficult to observe directly in naturally occurring economic contexts. For example, the ability to induce preferences and control information structures makes it possible to isolate the effects of alternate economic structures, policies, and market institutions. Moreover, some of the behavioral and equilibrium assumptions underlying many economic theories can be tested fruitfully in a controlled laboratory setting.» ISSN: 1386-4157