Applied Experimental Economics
Scientific Project
Module Objectives
The students
- learn to independently analyze different aspects of economic laboratory experiments and to carefully interpret scientific findings in this area
- are able to apply the methodology of experimental economics to a specific research question in order to arrive at an economically well-founded statement
- are able to discuss their research and that of other seminar participants in plenary sessions
- learn to productively work in a team and to coordinate with peers
Contents
The seminar is intended to help the participants develop hands-on experience in designing and conducting economic experiments and in analyzing the data. In particular, participants will design and conduct an economic experiment of their own to address a research question of their choice. The seminar is organized around the four basic steps of an experimental study:
- literature search and hypothesis development,
- development of an experimental design,
- running an experiment,
- data analysis and conclusions.
Prerequisites
- none
- Recommendations: Participants should have knowledge in the areas of experimental economics and game theory.
Workload and Credit Points
56 hours attendance time and 394 learning hours incl. exam(s) / 15CP
References
- Weimann, J., Brosig-Koch, J. (2019): Methods in Experimental Economics: An Introduction, Springer.