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Exploring a new expace : the complementarities between experimental economics and agent-based computational economics /
What is the relationship, if any, between experimental economicsand agent-based computational economics? Experimental Economic [EXP] investigates individual behaviour [and the emergence of aggregate regularities] by means ofhuman subject experiments. Agent-based Computational Economis [ACE], on the other hand, studies the relationships between the micro and the macro level with theaid of artificial experiments. Note that the way ACE makes use of experiments toformulate theories is indeed similar to the way EXP does. The question we want to address is whether they can complement and integrate with each other. What canAgent-based computational economic give to, and take from, experimental economics? Can they help and sustain each other, and ultimately gain space out of their restriced respective niches of practitioners? We believe that the answer to all these questions is yes: there can be and there should be profitable contaminations" in both directions
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