040216 SE Designing and Implementing an Economic Experiment (2013S)

Experimental economics has recently become a popular research method for understanding all aspects of individual and group economic behavior. Economists use laboratory, field and internet experiments to test the validity of economic theories and efficiency of market mechanisms. Knowing how to properly design and implement an economic experiment has become increasingly important.
The idea of the seminar is to develop the research skills required in the field of Experimental Economics. Students will become familiar with the following aspects of experimental research: (1) how to develop a good research question, (2) how to design and implement an experiment to address the posed research question, (3) how to analyze experimental data and making conclusions justified by statistical evidence. By the end of the course students will have completed and experimental research project.
To be enrolled in the course, students need to have taken a class providing a solid introduction into the field, for example "Behavioral and Experimental Economics" (UK 040832). Students with comparable backgrounds can also be admitted but need to provide evidence that their knowledge is comparable. PhD students with an appropriate background are also welcome to attend the class.
Successful completion of the course earns students 8 ECTS credits.