Universität Wien

040518 SE Seminar in Behavioral and Experimental Economics (2013S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 15 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Wednesday 06.03. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 13.03. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 20.03. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 10.04. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 17.04. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 24.04. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 08.05. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 15.05. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 22.05. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 29.05. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 05.06. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 12.06. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 19.06. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 26.06. 15:00 - 16:30 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)

Information

Aims, contents and method of the course

Behavioral and Experimental Economics is a vibrant field of research and sheds new light on many old and important issues in economics. The field has recently received wide recognition, for example by the award of the Nobel Prize in Economics 2002 to Daniel Kahneman and Vernon Smith. The field is rapidly growing, best practice standards evolve and new methods are developed.

Assessment and permitted materials

Requirements: Participants need to have taken a class providing a solid introduction into the field, for example my lecture “Behavioral and Experimental Economics” (UK 040832). Students with comparable backgrounds can also be admitted but need to provide evidence that their knowledge is comparable (provide handout and grade of classes taken elsewhere). In addition, a sound knowledge of microeconomics and game theory is required.

Grading:

1. "Pole of competence": Students are graded on their performance in navigating the group through the paper and their ability to answer questions of fellow students (and the instructor) (40% of final grade)

2. Students are requested to read all papers and to actively participate in discussion (20%). As grading is based on your active participation in the course, you must not miss more than one session.

3. Hand in questions to at least 2 papers (max. 3 questions per paper). Briefly comment on your question (i.e. provide a short motivation why you think the question is relevant or interesting to discuss, max. 1 page each). Deadline: 11:00 of the day when the paper is discussed in the seminar (20%)

4. Hand in an extended abstract (about 1 page) of at least 1 paper (other than the one you are navigating). PRovide your own comments and thoughts (max. 3 pages) on the paper (20%)

Minimum requirements and assessment criteria

The purpose of the seminar is to critically discuss new developments in Behavioral and Experimental Economics in a SMALL group of ADVANCED students. The course educates students to become critical consumers of current research in behavioral and experimental economics and aims at inspiring students for their own research projects.

Examination topics

Method: I propose readings on selected topics (see handout). Students may also suggest readings (please send me the paper along with a short explanation before the first session). In the first session, I briefly present the topics and the papers. Each student selects one (or two shorter) papers. All students read all selected papers, but each student is a “pole of competence” on one particular paper or topic. These papers are then discussed in detail (2 to 4 hours per text or topic). The discussion is organized as follows: The pole of competence provides a succinct summary of the paper (max. 5’ – no slides), all participants provide a short statement on the paper (1’-2’) and we then go through the paper page by page (or line by line, where necessary).
The “pole of competence” should be able to summarize each section/paragraph in his own words at any time during the discussion, guide the discussion (e.g. by raising questions for discussion) and be able to answer most of the participants’ questions. Circumspect navigation is particularly important when discussing long articles (e.g. surveys).
Participants are expected to prepare questions, contribute their own thoughts and views on the text/topic. Active participation is essential.

Reading list


Association in the course directory

Last modified: Mo 07.09.2020 15:29