Experimental Economics

We examine how people actually behave given economic incentives. Rather than learning economic models of behavior (e.g., consumption, investment, production) students in this class learn how to test these and other models using the experimental lab. Topics include: How and why do markets work? Do people act collectively to provide public goods? What are the determinants of bargaining outcomes? (ECON 0255 required; ECON 0380 strongly recommended) 3 hrs. sem.