Courses of Study 2015-2016 
    
    Oct 22, 2018  
Courses of Study 2015-2016 [ARCHIVED CATALOG]

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AEM 7140 - Experimental Economics


     
Fall. Offered alternate years. 4 credits. Letter grades only.

Prerequisite: ECON 6090 .

W. D. Schulze.

Surveys both experimental economics methods and research as an approach to test economic theory. Students participate as subjects in a series of illustrative computerized experiments ranging from double auctions to public goods provision. Topics include experimental methods; decisions and games; markets (testing auction institutions); market power (monopoly, oligopoly); bargaining, compensation, and performance; public goods; externalities and voting; information and uncertainty; and economic anomalies. Students must design and write a paper describing their own experiment.



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