Experimental Economics is a relatively new and very exciting field in economics. While most data used in economics is observational, experimentalists use controlled environments to study various economic issues: from individual decision making, to interaction in games and markets, to asset markets and even macroeconomic issues. In this “hands on” course, students read the background literature in a few areas of current academic research, design and conduct human-subject experiments, ultimately submitting a paper where they draw conclusion from their analysis of real data.
Experimental Economics is a relatively new and very exciting field in economics. While most data used in economics is observational, experimentalists use controlled environments to study various economic issues: from individual decision making, to interaction in games and markets, to asset markets and even macroeconomic issues. In this “hands on” course, students read the background literature in a few areas of current academic research, design and conduct human-subject experiments, ultimately submitting a paper where they draw conclusion from their analysis of real data.
