Otto-von-Guericke-Universität Magdeburg FWW der Otto-von-Guericke-Universität Magdeburg
www.fww.ovgu.de
www.ovgu.de
Fakult√ɬ§t f√ɬľr Wirtschaftswissenschaft
  
Masterstudiengang
Volkswirtschaftslehre  


VWL-Master


Experiments

As the allocation theory possesses limitations regarding distribution aspects, the whole normative economic theory (game theory included) suffers the fact that its decision-theoretical fundament turned out to be only limitedly supportable.

The experimental methode is perfectly appropriate to identify an important and resistant connection between theory, the human as an acting and decision-making being and economic reality. Therefore, experiments are particularly adequate because it is possible to display abstract theory directly, in order to bring it at least closer to reality than it would be possible by pure desk research.