Conference Specifics
ISBN:  978-0-9860419-7-6
Conf. Updates










 
29th IBIMA Conference
Vienna, Austria
3 - 4 May 2017 


   




             

Marina Ryzhkova, Valeriya Tsibulnikova, Olga Rogova, Tatyana Filippova and Alexander Rogov,

   

       

                                                                                                                                                                           

Creation of institutes’ analogs within the scientific process and testing scientific hypotheses and provisions on their basis is a rather new form of social reality design which is carried out in the form of laboratory economic experiment. In the paper we reveal the principles of institutional design and their specifics in case of laboratory economic experiment, a problem of participants’ motivation, a validity of the received estimates, and restrictions in case of the conclusions application, received in an experiment both to the theory, and to practical situations. 











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