Descriptif
This course presents the tools and topics of experimental economics. We will try to present both “classical” experimental economics, based on lab experiments, as well as more recent applications outside the lab: field experiments, randomized experiments, etc. New tools, like neuroeconomics, will also be presented. The course insists on the methodology of experimental economics. It involves a lot of students’ participation since almost all classes include an experiment played by students. The second half of the course will be adapted to the audience since several topics can be covered according to students own research interests.
Diplôme(s) concerné(s)
Format des notes
Numérique sur 20Littérale/grade américainPour les étudiants du diplôme MScT-Data and Economics for Public Policy (DEPP)
Le rattrapage est autorisé (Max entre les deux notes)- le rattrapage est obligatoire si :
- Note initiale < 10
- le rattrapage peut être demandé par l'étudiant si :
- Note initiale < 10
- Crédits ECTS acquis : 3 ECTS
La note obtenue rentre dans le calcul de votre GPA.
Programme détaillé
I. General introduction
a. What is experimental economics
b. The classics
c. Three types of lab experiments
II. Games and experiment 1:
a. The beauty contest and level-k;
b. The centipede game and quantal response
c. Comparing different models
III. Social preferences
IV. Decision and experiment 1:
a. The endowment effect
b. Risk and Time
V. The lab and the field
VI. Additional topics (to be chosen under time constraints)
i. Gender
ii. Confusion
iii. More on social preferences
iv. Financial markets and behavioral finance
v. Risk and uncertainty
vi. Time
VII. What’s next? Roads for the future:
a. Neuroeconomics
b. Mechanical Turk
c. Behavioral field experiments
d. Transferability of experimental results and scaling up
