Problem solving and hypothesis testing using economic experiments From: Journal of Agricultural and Applied Economics | Date: August 1, 2003| Author: Hudson, Darren | Copyright Southern Journal of Agricultural Economics Aug 2003. Provided by ProQuest LLC.Copyright information

The roots and uses of economic experiments in problem solving and hypothesis testing are explored in the present article. The literature suggests that the primary advantage of economics experiments is the ability to use controlled stimuli to test economic hypotheses. Other literature also suggests that experiments are useful in problem solving settings. The advantages and disadvantages of experiments are discussed.

Key Words: experiments, problem solving, hypothesis testing

Econ...

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