Charles A. Holt, A. Willis Robertson Professor of Political Economy, University of Virginia, USA

• Contents1 Market trading: Looking inside the box2 Asset-market experiments and spontaneous speculation3 Probability weighting and loss aversion: Patterns and paradoxes4 Measurement of risk preference5 Belief elicitation and learning6 Behavioral biases: Average chasing and pull-to-center effects7 Behavioral game theory explanations of intuitive anomalies8 Stochastic game theory: Introspection, evolution, andequilibrium9 The power of trust, incentives, and exclusion10 Auctions and market design: Thinking outside of the box

‘Charles Holt is the leading experimental economist of his time, 1977 to present. His contributions range across economic and game theory, experimental economics, industrial organization, macroeconomics, economic history, economic thought, probability theory and statistics, economic education and teaching. As I learned in my Caltech undergraduate classes, great research scholars are also great teachers. All these things you will learn in this book.’

Charles A. Holt, A. Willis Robertson Professor of Political Economy, University of Virginia, USA

• Contents1 Market trading: Looking inside the box2 Asset-market experiments and spontaneous speculation3 Probability weighting and loss aversion: Patterns and paradoxes4 Measurement of risk preference5 Belief elicitation and learning6 Behavioral biases: Average chasing and pull-to-center effects7 Behavioral game theory explanations of intuitive anomalies8 Stochastic game theory: Introspection, evolution, andequilibrium9 The power of trust, incentives, and exclusion10 Auctions and market design: Thinking outside of the box

‘Charles Holt is the leading experimental economist of his time, 1977 to present. His contributions range across economic and game theory, experimental economics, industrial organization, macroeconomics, economic history, economic thought, probability theory and statistics, economic education and teaching. As I learned in my Caltech undergraduate classes, great research scholars are also great teachers. All these things you will learn in this book.’

Charles A. Holt, A. Willis Robertson Professor of Political Economy, University of Virginia, USA

• Contents1 Market trading: Looking inside the box2 Asset-market experiments and spontaneous speculation3 Probability weighting and loss aversion: Patterns and paradoxes4 Measurement of risk preference5 Belief elicitation and learning6 Behavioral biases: Average chasing and pull-to-center effects7 Behavioral game theory explanations of intuitive anomalies8 Stochastic game theory: Introspection, evolution, andequilibrium9 The power of trust, incentives, and exclusion10 Auctions and market design: Thinking outside of the box

‘Charles Holt is the leading experimental economist of his time, 1977 to present. His contributions range across economic and game theory, experimental economics, industrial organization, macroeconomics, economic history, economic thought, probability theory and statistics, economic education and teaching. As I learned in my Caltech undergraduate classes, great research scholars are also great teachers. All these things you will learn in this book.’