SubjectsSubjects(version: 945)
Course, academic year 2019/2020
   Login via CAS
Experimental Economics - JEM136
Title: Experimental Economics
Guaranteed by: Institute of Economic Studies (23-IES)
Faculty: Faculty of Social Sciences
Actual: from 2019
Semester: summer
E-Credits: 6
Examination process: summer s.:
Hours per week, examination: summer s.:2/2, Ex [HT]
Capacity: unknown / unknown (20)
Min. number of students: unlimited
4EU+: no
Virtual mobility / capacity: no
State of the course: cancelled
Language: English
Teaching methods: full-time
Teaching methods: full-time
Additional information: http://ies.fsv.cuni.cz/en/syllab/JEM136
Note: course can be enrolled in outside the study plan
enabled for web enrollment
priority enrollment if the course is part of the study plan
Guarantor: doc. PhDr. Michal Bauer, Ph.D.
doc. PhDr. Mgr. MA Silvester Van Koten, Ph.D.
Pre-requisite : JEM003
Examination dates   Schedule   Noticeboard   
Requirements to the exam
Last update: doc. PhDr. Michal Bauer, Ph.D. (20.12.2016)

requirements:

First, the course grade will predominantly be based on a term paper. In this paper, a student should outline a research question to be addressed by experimental economic methods, review the literature, propose a detailed experimental design, outline hypotheses to be tested and discuss how these hypotheses will be tested. Each student needs to choose one of two options: lab experiment proposal or field experiment proposal.

 

Second, the students will be expected to bring to each class and submit via CMS two typed questions or comments on the required readings for the respective class.

 

Third, a student is required to choose two from the given set of working papers and write referee reports on those. The eligible working papers are provided on class website. Referee reports are due at the same time as term projects. The student is evaluated on the basis of the term paper and the two referee reports.

 

Last, you will have to program, in a group of 2-3 people, a simple experiment using the OTREE / Python/ Django framework. The lectures of van Koten and the exercise sessions will present examples, materials and exercises that support you in acquiring the skills to use this framework.

 

There will be no exams in this class.

Syllabus
Last update: doc. PhDr. Michal Bauer, Ph.D. (15.12.2015)

The course will be predominantly be based on book chapters and articles and students are expected to read the assigned articles before each class. In the attached syllabus there is an extended reading list, and we will only cover a selected subset of papers from it (denoted by asterisk). The list serves as source for further reading in the respective areas.

Description: This is a graduate-level topics course in Experimental Economics. The aim is to expose students to multiple potential research topics and related literature. Hands-on participation in in-class experiments will be an integral part of the course. Basic background in microeconomic theory and game theory is assumed. The first part of the course will be based on lab experiments and the second part will study field experiments.

Content: Detailed syllabus can be found here http://ies.fsv.cuni.cz/en/syllab/JEM136 . At the beginning of the course you will be given password to access the course website that contains lecture slides as well as links to all papers referenced in the syllabus.

 

Part 1 (Lab experiments):

 

Note: due to the time constraint, we will cover only selected topics. During the first class, we will discuss which topics to cover.

 

1.Introduction and Methodology

 

2.Other-regarding Preferences

- Dictator game

- Ultimatum game

- Understanding other-regarding preferences

 

 

3.Trust, Reciprocity and Principal-Agent Games

- Trust game

- Reciprocity game

 

4.Cooperation and public goods

- Prisoners' Dilemma

- Voluntary contributions game

- Voluntary contributions with punishments

 

5. computerized experiments

- tools for creating experiments

- ZTREE

- OTREE & Django/Python framework

 

6. why Industrial Organization experiments?

 

7. IO and lab experiments

- forward markets and competition

- forward markets and forward premia

- regulation and self-regulation

 

 

Part 2 (Field experiments):

 

1. Reciprocity (gift-exchange)

2. Incentives and economic behavior

3. Social preferences: universal or responding to circumstances?

4. Formation of social preferences during childhood and adolescence

5. Self-control, status quo bias and deadlines

6. Commitment devices

7. Determinants of time discounting

8. Discrimination: preference-based or statistical?

9. Discrimination in social psychology

10. Peer effects and group decision-making

 

 

 

Entry requirements
Last update: doc. PhDr. Michal Bauer, Ph.D. (04.01.2017)

The teaching schedule does not follow the usual spring term calendar at IES!!

The lectures and seminars will take place from January 4th to April 1st.

Signing up for the course in SIS will take place at the end of February (as usual)

 
Lectures:
Wed 10.30-12.00, at CERGE-EI, Politickych veznu 27, room n.3
Friday 10.30-12.00, at CERGE-EI, Politickych veznu 27, room n.3


Seminars (experimental lab sessions):
Thursday 10.30-12.00, at CERGE-EI, Politickych veznu 27, room n.3

 
Charles University | Information system of Charles University | http://www.cuni.cz/UKEN-329.html