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- W2951503933 abstract "Abstract This chapter reviews literature on lab experiments in economics with focus on panel data analysis of auction markets. We survey common methods, providing representative examples from the experimental auction literature, in an effort to highlight the value of panel data techniques in market analysis. Researchers have used alternative techniques described here, been mindful of the challenges in obtaining a significant number of observations to maintain consistency in estimation while avoiding selection issues, and exploiting the ability to control for unobserved heterogeneity. Due to the features of experimental design, random-effects models are used more often than fixed-effects model that are commonplace in the analysis of field socioeconomic data." @default.
- W2951503933 created "2019-06-27" @default.
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- W2951503933 date "2019-01-01" @default.
- W2951503933 modified "2023-10-17" @default.
- W2951503933 title "Panel Data Analysis Based on Lab Evidence in Auction Market Experiments" @default.
- W2951503933 doi "https://doi.org/10.1016/b978-0-12-815859-3.00016-0" @default.
- W2951503933 hasPublicationYear "2019" @default.
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