Cambridge-INET Institute Conversations in Economics - podcast cover

Cambridge-INET Institute Conversations in Economics

Cambridge University•sms.cam.ac.uk
Conversations in Economics is a series of interviews with Cambridge-INET Institute visitors. These distinguished economists explore some of today’s most challenging economic questions and introduce viewers to their exciting research. http://www.inet.econ.cam.ac.uk/video-series/
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Episodes

Professor Shachar Kariv: Confronting theory with experimental data and vice versa

In combining theory and experiments, we should have two objectives in mind. The first objective is to confront the theory with some data to see whether the theory is at all consistent with the behavior exhibited in the laboratory. Clearly, there is much that can be learned about the theory from the data, quite apart from any notion of "testing" the theory. We hope to learn whether the theory is useful in interpreting the data, of course, but we also expect to find out what extensions of the theo...

Jan 23, 2014•25 min

Professor Shachar Kariv: Confronting theory with experimental data and vice versa

In combining theory and experiments, we should have two objectives in mind. The first objective is to confront the theory with some data to see whether the theory is at all consistent with the behavior exhibited in the laboratory. Clearly, there is much that can be learned about the theory from the data, quite apart from any notion of "testing" the theory. We hope to learn whether the theory is useful in interpreting the data, of course, but we also expect to find out what extensions of the theo...

Jan 23, 2014•24 min
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