Experimental Economics I: Behavioral Game Theory (實驗經濟學一：行為賽局論)

NTU (Spring 2025)

Time: Friday, 14:20pm-17:20pm, at Social Sciences 306 (社科306)

Office Hour: 17:20-18:00pm after class or by Email appointment

Course Syllabus

Textbooks:

• BGT:    Colin F. Camerer (2003), Behavioral Game Theory, Princeton University Press.

• EMT:    Moffatt (2019), Experimetrics Lecture Notes for NTU mini-course. (code and data)

•  MU :    Weizsäcker (2023), Misunderstandings, OpenBook Publishers.

Other Recommended Readings:

    1. Holt (2019), Markets, Games, and Strategic Behavior: An Introduction to Experimental Economics, 2nd Ed., Princeton University Press. (Holt)
    2. Moffatt (2016), Experimetrics: Econometrics for Experimental Economics, Palgrave. (online resources)
    3. Riley (2012), Essential Microeconomics, Cambridge University Press. (EM)
    4. Mas-Colell, Whinston and Green (1995), Microeconomic Theory, Oxford University Press.  (MWG)
    5. Kagel and Roth (1995, 2016), Handbook of Experimental Economics, Vol.1, and Vol.2, Princeton University Press. (HEE1, 2)
    6. Capra, Croson, Rigdon and Rosenblat ed. (2020), Handbook of Experimental Game Theory, Edward Elgar Publishing.

    About Oral Presentation and Feedback:
               Chinese Recipe to Prepare a 20-minute Presentation: 關於presentation 的一些想法
               Guidelines to Give Feedback: Oral Presentation Evaluation Criteria and Checklist (original link)
               Tips and Videos:
                    Data Visualization: 1812 (originally by Minard); 10 most common presentation mistakes
                    Life After Death by PowerPoint with Chinese caption (2010 Update with Chinese)
                    Principles of economics, translated (Transcription)

Class Topics:

 1. [2/21] Experimental Economics and Behavioral Game Theory (OCW1,OCW2) (BGT, Ch.1)
                 Holt, Ch.1: Introduction
                 Wang Lecture Notes in Chinese: Introduction
                 BGT, Ch.1: Introduction

 o. [2/28] National Holiday: Watch Experimetrics and Power Analysis (EMT 1.1-1.3) in Experimetrics Module
 

 2. [3/ 7 ] Risk and Time Preferences (OCW) under Confucianism (Holt, Ch.3; Liu-2014)
                  Basic Principles of Experimental Design (OCW) (BGT, A1.2)
         

 3. [3/14] Social Preferences (OCW1,OCW2) (BGT, Ch.2; HEE2, Ch.4; Lin-2020)
                  Reviews for Ultimatum, Dictator and Trust Games
  

 4. [3/21] Midterm Quiz
  

 5. [3/28] Mixed-Strategy Equilibrium (OCW) (BGT, Ch.3; QRE chapter)
                 Student Presentation: MU (Ch.1-2) (白捷安、葉凡禎、施卲)
                 Power Analysis with Monte Carlo (EMT 2.1-2.3) in Experimetrics Module

 o. [4/ 3 ] Spring Break (no class)

 6. [4/11] Bargaining (OCW) (BGT, Ch.4; Camerer-2022)
                 Student Presentation: MU (Ch.3) (林暐儒、周以婕)
                 Student Presentation: Almog, Gauriot, Page and Martin (2024) (張閔翔、鄭昱修)
                 Student Presentation: EMT (Section 3.1, 3.3-3.7) (小松花帆、法奧斯托、黃建華)
                     Joseph's Slides: Estimating Binary Lottery Choice (EMT 3.1, 3.3-3.7) in Experimetrics Module
                 Student Presentation: EMT (Section 3.2, 3.8-3.11)  (陳思翰?)
                     Joseph's Slides: Analyzing Ultimatum Game Data (EMT 3.2, 3.8-3.11) in Experimetrics Module

 7. [4/18] Dominant Solvable Games (old) (OCW) (BGT, Ch.5)
                 Student Presentation: MU (Ch.4) (陳品勳、陳昶安)
                 Student Presentation: EMT (Section 4.1-4.3) (白捷安、葉凡禎、施卲)
                     Joseph's Slides: Estimating Social Preferences (EMT 4.1-4.3) in Experimetrics Module

 8. [4/25] Level-k Thinking (old) (OCW) (Crawford-2013; Wang-2010)
                 Student Presentation: MU (Ch.5) (賴睿Rita, Clement Chen)
                 Student Presentation: Experimetrics (Section 16.1-16.6) (薛鈺樺、劉緻樺)
                     Joseph's Slides: Estimating QRE (Experimetrics 16.1-6) in Experimetrics Module

 9. [5/ 2 ] Learning (old) (OCW) (BGT, Ch.6; HEE2, Ch.10; Knoepfle-2009; Chen-2020)
                 Joseph's Presentation: Estimating Learning (Experimetrics 18.1-18.8) in Experimetrics Module
                 Student Presentation: EMT (Section 5.1-5.5) Experimetrics (Section 17.3) (林暐儒、周以婕)
                     Joseph's Slides: Finite Mixture Models and Cognitive Hierarchy (EMT 5.1-5.5, 17.3) in Experimetrics Module

10.[5/ 9 ] Coordination (old) (OCW) (BGT, Ch.7)
                 Student Presentation: MU (Ch.6) (張閔翔、鄭昱修)
                 Student Presentation: MU (Ch.7) (薛鈺樺、劉緻樺)
                 Student Presentation: Almog and Martin (2024) (陳品勳、陳昶安)

11.[5/16] Signaling and Reputation (old) (OCW) (BGT, Ch.8)
                 Student Presentation: MU (Ch.8) (陳思翰?)
                 Student Presentation: MU (Ch.9-10) (小松花帆、法奧斯托、黃建華)
                 Student Presentation: Bronchetti et al. (2023) (賴睿Rita, Clement Chen)
 

12.[5/23] Final Quiz

 o. [5/30] Dragon Boat Festival Long Weekend (no class)

 o. [6/ 6 ] Replication Report/Final Proposal Due 6/6, 5pm