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ISSN: 2450-7733     eISSN: 2300-4096    OAI    DOI: 10.18276/sip.2016.44/3-03
CC BY-SA   Open Access   CEEOL

Issue archive / nr 44/3 2016
(Computer simulation rather than traditional experiment)

Authors: Małgorzata Łatuszyńska
Uniwersytet Szczeciński
Keywords: computer simulation experimental economics
Year of publication:2016
Page range:16 (33-48)
Klasyfikacja JEL: A10 C60
Cited-by (Crossref) ?:


Even though the number of experiments conducted by economists is growing every year and the experimental method has become for good a part of economics methodology, it is not possible to do experiments on the economy as a whole and many economic phenomena cannot be subject to experimental manipulation for a variety of reasons – practical, ethical or technological. In such cases the computer simulation can support economics in achieving a status of a fully-fledged experimental science. But does the epistemological value of com puter simulation match the cognitive value of traditional economic experiment? This article attempts to answer that question.
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