Bitcoin Forum

Economy => Economics => Topic started by: freeman on March 05, 2011, 04:02:42 PM



Title: Bitcoin as an experimental economics testbed?
Post by: freeman on March 05, 2011, 04:02:42 PM
I think bitcoin could be quite an interesting platform for experimental economics (http://en.wikipedia.org/wiki/Experimental_economics (http://en.wikipedia.org/wiki/Experimental_economics)) and behavioral economics .  Instead of using traditional currency in experiments, researchers could use bitcoin.   Having the ability to run experiments over the Internet (not having to exchange cash) would be valuable.

I don't have any contacts with people in the field but maybe one of the forum members does.  It would be cool to have bitcoin mentioned in scientific research papers. Dan Ariely might be interested.


Title: Re: Bitcoin as an experimental economics testbed?
Post by: kiba on March 05, 2011, 04:41:02 PM
It's very difficult to run scientific expeirment in an uncontrolled environment.


Title: Re: Bitcoin as an experimental economics testbed?
Post by: nster on March 05, 2011, 11:31:45 PM
It's very difficult to run scientific expeirment in an uncontrolled environment.

hell, right now bitcoin sell value at Mt.Gox sudden had a 10 cent plunge in a matter of a few minutes