ECON 4820 - Experimental Economics

Explores the use of laboratory methods to study economic behavior. Topics include experimental design, laboratory technique, financial incentives, and analysis of data. Emphasizes applications: bargaining, auctions, market price competition, market failures, voting, contributions to public goods, lottery choice decisions, and the design of electronic markets for financial assets. Prerequisite: ECON 3010 or 3110 and a course in statistics, or instructor permission.

Credits: 3