The purpose of the course is that students get an understanding for the method “experimental economics” as well as get familiar with experimental approaches to “public economics”.
At the beginning of the course students have to present papers that discuss the pros and cons of the method “experimental economics”. They will learn for what kind of research questions this method is best suited but they will also be able to understand its limits.
In the second part students will get a precise understanding about the usage and appropriate design of economic experiments for research questions related to public economics. Especially, they will acquire the knowledge to set up experiments based on existing research questions. Here, we will discuss state-of-the-art experimental work horses and statistical techniques to set up and analyze experiments.
The course is meant as an interactive class with students’ active participation, exercises and student presentations. There will not be a final written exam. Instead students will have to build groups and develop own research ideas, which they will have to present to the class.
I. Students Presentations: “Introduction to Experimental Economics”
II. Experiments: Research Approaches/Questions
III. Principles of economic experiments
IV. Experimental Papers in the “Journal of Public Economics” until 2005
V. Final Students Presentation: “Approaching research questions with lab experiments”
- Friedman, D., and Sunder S., Experimental Methods: A Primer for Economists Cambridge University Press, 1994
- Friedman D., Cassar A., Economics lab, an intensive course in experimental economics, Routledge, London, 2004
- Colin F. Camerer, Behavioral Game Theory, Princeton University Press, 2003
Methods of Assessment:
Please write an email to lilia.zhurakhovska (at) uni-due.de before October 1, 2016 to register for the course!