Ernst Fehr is an economist known for his work in experimental economics. Along with Colin Camerer, he co-authored a 2004 guide on how social scientists can utilize experimental games to measure social norms and preferences.

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To understand experimental methods, results, and their real-world relevance, one can consult the work of economists specializing in this field. Key research providing summaries and analysis includes studies by figures like Colin Camerer, Ernst Fehr, Armin Falk, James Heckman, and Joseph Henrich with his collaborators.

Key Research and Researchers in Experimental Economics

To cite the ebook, use The CORE Econ Team 2023 The Economy 2.0: Microeconomics Open access e-text https://core-econ.org/the-economy/.

To cite a unit, use The CORE Econ Team 2023 The Economy 2.0: Microeconomics Open access e-text https://core-econ.org/the-economy/ Unit [unit number] (url).

CORE Econ - The Economy 2.0: Microeconomics

Colin Camerer is an economist who specializes in experimental economics. His work includes a 2004 publication with Ernst Fehr, which serves as a guide for social scientists on using experimental games to measure social norms and preferences.

Colin Camerer

Ernst Fehr

Joseph Henrich is a researcher who leads large-scale, collaborative experiments in experimental economics. His work includes a significant 2006 study published in *Science* that examined the phenomenon of costly punishment across diverse human societies.

Joseph Henrich

This 2006 research paper, published in *Science* (Volume 312, Issue 5781, pp. 1767–1770), is titled 'Costly Punishment Across Human Societies.' It is a key example of large-scale, cross-cultural experimental economics, authored by a large team including Joseph Henrich, Richard McElreath, Abigail Barr, Jean Ensminger, Clark Barrett, Alexander Bolyanatz, Juan Camilo Cárdenas, Michael Gurven, Edwins Gwako, Natalie Henrich, Carolyn Lesorogol, Frank Marlowe, David Tracer, and John Ziker.

Source Study: Henrich et al. (2006) on Costly Punishment Across Societies

A key strength of economic experiments is their predictive power, meaning that behavior observed in a controlled setting often forecasts how people will act in real-life situations. The importance of this predictive validity is highlighted in research like the 2009 *Science* article by Armin Falk and James J. Heckman, which argues that lab experiments are a major source of knowledge in social sciences.

Predictive Power of Economic Experiments

A 2007 paper by economists Steven Levitt and John List, titled ‘What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World?’, investigates the applicability of lab-based findings on social preferences to real-world situations. This research was published in the *Journal of Economic Perspectives*.

Source Study: Levitt & List (2007) on Lab Experiments and Real-World Behavior

Steven Levitt is an economist who co-authored a notable 2007 paper with John List. Their work investigates whether social preferences measured in laboratory experiments align with behavior in real-world scenarios.

Steven Levitt

John List is an economist who collaborated with Steven Levitt on a 2007 paper. The study explores the real-world applicability of social preferences that are observed within the controlled environment of laboratory experiments.

John List

Titled 'Foundations of Human Sociality: Economic Experiments and Ethnographic Evidence from Fifteen Small-Scale Societies,' this 2004 book is a significant collection of works in experimental economics. Published by Oxford University Press, it was edited by Joseph Henrich, Robert Boyd, Samuel Bowles, Colin Camerer, and Herbert Gintis.

Book: Foundations of Human Sociality (2004)

Robert Boyd is an anthropologist and researcher who co-edited the 2004 book 'Foundations of Human Sociality: Economic Experiments and Ethnographic Evidence from Fifteen Small-Scale Societies', a key text in experimental social science.

Robert Boyd

Samuel Bowles is an economist who has contributed significantly to the field. He co-edited the influential 2004 book 'Foundations of Human Sociality' and authored the 2016 book 'The Moral Economy: Why Good Incentives Are No Substitute for Good Citizens'.

Samuel Bowles

Herbert Gintis was an economist and behavioral scientist known for co-editing the 2004 book 'Foundations of Human Sociality: Economic Experiments and Ethnographic Evidence from Fifteen Small-Scale Societies'.

Herbert Gintis

Richard McElreath is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

Richard McElreath

Abigail Barr is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

Abigail Barr

Jean Ensminger is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

Jean Ensminger

Clark Barrett is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

Clark Barrett

Alexander Bolyanatz is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

Alexander Bolyanatz

Michael Gurven is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

Michael Gurven

Edwins Gwako is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

Edwins Gwako

Natalie Henrich is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

Natalie Henrich

Carolyn Lesorogol is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

Carolyn Lesorogol

Frank Marlowe is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

Frank Marlowe

David Tracer is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

David Tracer

John Ziker is a researcher who co-authored the 2006 *Science* paper titled 'Costly Punishment Across Human Societies,' a significant large-scale study in cross-cultural experimental economics.

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