this paper examines critically the contributions of cournot, jevons and walras as the founders of classical mathematical economics from a methodological standpoint. advances in different economic schools and doctrines in the 19th century produced an environment of multi-dimensionality in economic analysis which was regarded by the pioneers of classical mathematical economists as a chaotic state...

Laboratory experiments have generally supported the theorem that, in classical property rights environments, noncooperative behavior in markets yields efficient social outcomes. Experiments, however, regularly fail to support the game theoretic prediction of noncooperative behavior in small-group strategic interaction and in large-group public good environments. In these two types of experiment...

in spite of sonic pessimistic attitudes towards methodology of economics, it has succeeded as a central theme in numerous books, refereed journals, international conferences and symposiums whose volume is increasing at an unprecedented rate. the proliferation of methodological literature also is accompanied by a proliferation of issues that concern: the goals of economics, realism of economics,...

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s: An Endogenous Job Contact Network in the Laboratory David Powers ICES, Economics Department, George Mason University ABSTRACT: Jobs are commonly found through social contacts, and certain labor market conditions, such as the job turnover rate and rate of job creation, may have measurable impact for social networking choice. This work provides a laboratory test of Galeotti and Merlino “Endoge...

This contribution provides a brief overview and discussion of the role of experiments in economics. It is argued that economic experiments have convinced economists and the public of the existence of phenomena that have been outside the scope of economics. The success of these experiments is partly due to the performative nature of experiments. To develop this argument, examples of experiments ...