Overview
This unit offers an introduction to experimental economics, its methods, applications, and scope to understand and affect everyday behaviour. Economic experiments have become a popular tool to test economic theory and to understand the causes for individual decisions, social decisions, and behaviours in markets. In this unit we provide examples … For more content click the Read More button below.
Offerings
S1-01-CLAYTON-ON-CAMPUS
Requisites
Prerequisite
Rules
Enrolment Rule
Contacts
Chief Examiner(s)
Professor Klaus Abbink
Learning outcomes
On successful completion of this unit, you should be able to:
1.
understand economic experiments as a scientific method
2.
understand the scope of economic experiments
3.
identify real situations in which experiments can be enlightening
4.
design an experiment capturing a real situation.