Programa

Experimental Economics

Licenciatura Bolonha em Economia

Licenciatura Bolonha em Economics

Programa

Part I: Introduction and Methodology 1.Introduction to Experimental Economics 1.1.Brief history of Experimental Economics 1.2.Strengthens and weaknesses of the experimental method 1.3.Experimental Economics and the ?others?: 1.3.1.Experimental Economics vs Behavioral Economics 1.3.2.Experimental Economics vs Econometrics 2.Types of Economic Experiments 2.1.Lab experiments 2.2.Field experiments 2.3.Natural experiments 2.4.Internet experiments 3.Experimental Design and Procedures 3.1.Incentives and control over preferences 3.2.Treatments, controls, sessions 3.3.Between and within subjects? design 3.4.One shot vs. repeated interaction 3.5.Role reversal 3.6.Partners vs strangers 3.7.Elicitation of beliefs 3.8.The strategy and direct methods of elicitation 3.9.Deception 4.Experimental Data analysis 4.1.The beauty of randomization 4.2.Non-parametric statistics Part II: Experiments/Applications 5.The double auction market: excise taxes and price control 6.Market Failure Due to "Unraveling": Lemons and Matching Markets experiments 7.Post offer markets and market power 8.A Voluntary contribution to a public good 9.A Volunteer dilemma 10.Bargaining ultimatum game 11.Principal-agent games: a labor market experiment and a trust game 12.Risk elicitation preferences in the lab 13.New applications: experiments in macroeconomics