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Introduction

The aim of the course is to provide participants with a thorough understanding of selected topics in experimental economics. Selection of topics will depend on the instructor of the course.

Course content

The course focuses on the methods of experimental economics, and some of the recent applications. Each lecture covers a different subject and illustrates how different experimental techniques are employed. Students will participate in experiments in order to acquire hands on experience.

The class will cover experiments on decision making under risk, bargaining, collective action problems, social norms, political economy, and market behavior. As an important part of the course, we will learn how to program in zTree, a software program particularly useful for running laboratory experiments that require interaction between subjects.

The course covers i) core design principles of laboratory experiments, ii) principles of control in the laboratory, iii) basic programming of laboratory experiments, and iv) experimental study of non-standard beliefs, and moral and social preferences.