Netherlands, Amsterdam

Crash Course in Experimental Economics

when 4 July 2016 - 8 July 2016
language English
duration 1 week
credits 3 ECTS
fee EUR 999

Programme information

This introductory course provides an in-depth analysis of some recent developments, including the rapid growth of behavioural economics and the increased use of field experiments. Because experimental economics is a methodology often used to test economic theory, the course also covers theoretical issues (more specifically, game theory), when appropriate.
Topics include:

experimental methodology
behavioural economics (public goods, bargaining, other-regarding preferences)
industrial organisation (auctions, double auction, market power, mechanism design)
individual decision-making (expected utility, probability weighting)
analysis of experimental data

For the experiments, students will be split into groups of 5 or 6. Each group will develop an experiment on their preferred topic and run the experiment using the other students as participants. The groups will then analyze the data and present the results. A class discussion will follow.
Teaching method

The course consists of:

lectures given by the instructor
participation in experiment run by the instructors
experiments developed and run by groups of students
presentations of experimental results

For the experiments, students will be split into groups of 5 or 6. Each group will develop an experiment on their preferred topic and run the experiment using the other students as participants. The groups will then analyze the data and present the results. A class discussion will follow.

Course leader

Academic director: Prof. Arthur Schram
Lecturers are Professors Arthur Schram (University of Amsterdam) and Jeroen van de Ven (University of Amsterdam).

Target group

We welcome Master’s and PhD students, alumni, or professionals in economics and related fields to join this course. Students are expected to have passed an intermediate-level course in micro-economics (including basic game theory).

Course aim

This one-week crash course is an introduction to the field of experimental economics. At the end of the course you will have the skills needed to design and run an experiment as part of your thesis. In 2016, we are offering a new feature at the end of the crash course: an additional one-day module on Statistical Data Analysis.

Credits info

3 ECTS
5 ECTS with paper

Fee info

EUR 999: (PhD and Masters students); Additional one-day module Data Analysis: € 250

€ 1.250. Additional one-day module Data Analysis: € 300

The course fee includes: materials (book and slides), daily lunches, social event including a dinner and a farewell party including drinks. Accommodation costs are not covered by this fee. The TI-UvA summer school has housing options available.
EUR 1250: Others (postdocs, professionals)
The course fee includes: materials (book and slides), daily lunches, social event including a dinner and a farewell party including drinks. Accommodation costs are not covered by this fee. The TI-UvA summer school has housing options available.

Scholarships

LERU / U21 Partial Scholarship

If your university is a member of the Universitas 21 network and/or LERU network you may be eligible for a partial scholarship of € 500. For more information, please contact Judith van Kronenburg on summerschool@tinbergen