Experimental Economics (實驗經濟學)


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NTU (Spring 2014)

Time: Friday, 2:20-5:20pm, at 社科5

Office Hour: 5:20-6pm after class or by Email appointment

Course Syllabus

Textbooks:

References:

    1. Kagel and Roth (1995, 2012), Handbook of Experimental Economics, Vol.1, and selected Vol.2 chapters, Princeton University Press.
    2. Cassar and Friedman (2004), Economics Lab: An Intensive Course in Experimental Economics, Routledge. (EL)
    3. Holt (2007),
Markets, Games and Strategic Behavior, Pearson. [
雙葉代理] (undergraduate textbook)
    4.
 Riley (2012), Essential Microeconomics, Cambridge University Press. (EM)

Class Topics:

 1. [ 2 /21] Experimental Economics and Behavioral Game Theory [old slides] (BGT, Ch.1, Wang notes)
               Experiment 1: The Pit Market
               Experiment 2: Ultimatum Game
               Experiment 3: p-Beauty Contest

               關於 presentation 的一些想法
(aka "How to Prepare a 20-minute Presentation" by Wei-jen Hsu)
                    Y
outube: Life After Death by PowerPoint (with Chinese caption); 2010 updated version 
                    Y
outube: Principles of economics, translated  (Transcription)  
                    10 most common presentation mistakes
                    Graphic Representation of Data: 1812
(originally by Minard)

 o. [ 2 /28] National Holiday

 2. [ 3 / 7 ] Risk and Time Preferences [old slides]; Basic Principles of Experimental Design [old slides](BGT, A1.2)
              
Experiment 4: Decision under Uncertainty and/or Time

              
Book Chapter Introduction Presentation: 陳由常、郭克剛、張博凱

 3. [ 3 /14] Mixed Strategy Equilibrium [old slides](BGT, Ch.3); LUPI [old slides] (Ostling et al., 2011)
              
Experiment 5:
LUPI game

              
Book Chapter 1 Presentation: 吳泰霖、黎薇詩、陳力

 4. [ 3 /21] Dominant Solvable Games [old slides] (BGT, Ch.5); Level-k Thinking [old slides](Crawford et al., JEL 2013)
               Experiment 6: Hide and Seek Game

               Book Chapter 2 Presentation: 彭胤融、劉泓序、張耕齊

 5. [ 3 /28] Learning [old slides](BGT, Ch.6; new chapter)
               Book Chapter 3 Presentation: 劉品吾、李依依
               Student Presentation: 朴寅暎、黃胤凱
                    Choi, Kariv, Müller and Silverman (2014), “Who is (More) Rational?” American Economic Review, forthcoming.

 o. [ 4 / 4 ] Spring Break

 6. [ 4 /11] Coordination and Equilibrium Selection [old slides] (BGT, Ch.7)
               Experiment 7: Presidential Nomination Game
               Experiment 8: Minimum Effort Game
               Experiment 9: Price/Quantity Market

               Book Chapter 4 Presentation: 鄭宇略、傅家楨、李偉聖

 o. [ 4 /18] Midterm Week - Proposal Due (No Class)

 7. [ 4 /25] Signaling and Reputation [old slides](BGT, Ch.8)
               Book Chapter 5 Presentation: 王俞媗、巫宇安、吳柏賢
               Student Presentation:
施正祐、陳紅霓
                   
Battaglini, Nunnari and Palfrey (2014), “Dynamic Free Riding with Irreversible Investments,” American Economic Review, forthcoming.

 8. [ 5 / 2 ] Cheap Talk Experiments [old slides](Wang et al, 2010; Lai et al. 2013)
               Book Chapter 6 Presentation: 朴寅暎、黃胤凱
               Student Presentation: 陳由常、郭克剛、張博凱
                    Battaglini and Makarov (2014), “Cheap Talk with Multiple Audiences: an Experimental Analysis,” Games and Economic Behavior, 83, 147-164.

 9.[ 5 / 9 ] Social Preferences [old slides](BGT, Ch.2; new chapter)
              
Experiment 10: Pull or Push

               Book Chapter 7 Presentation: 陳亦凡、黃彥霖、左如田
               Student Presentation: 劉品吾、李依依
                    Ho and Su (2013), “A Dynamic Level-k Model in Sequential Games,” Management Science, 59(2):452-469.

10.[ 5 /16] Neuroeconomics: fMRI and Eyetracking [old slides] (new chapter; Wang chapter)
                   Student Presentation: 吳泰霖、黎薇詩、陳力
                    Arifovica and Ledyard (2012), “Individual evolutionary learning, other-regarding preferences, and the voluntary contributions mechanism,” Journal of Public Economics, 96 (9–10), 808–823.

 

11.[ 5 /23] Bargaining [old slides](BGT, Ch.4)
              Book Chapter 8 Presentation: 施正祐、陳紅霓
 
              Student Presentation: 王俞媗、巫宇安、吳柏賢
                    Isoni, Poulsen, Sugden and Tsutsui (2014), “Efficiency, Equality and Labeling: An Experimental Investigation of Focal Points in Explicit Bargaining,” American Economic Review, forthcoming.

12.[ 5 /30] Field Experiments [old slides] (Harrison and List, 2004)
               Student Presentation: 彭胤融、劉泓序、張耕齊
                    Allcott and Rogers (2014), “The Short-Run and Long-Run Effects of Behavioral Interventions: Experimental Evidence from Energy Conservation,” American Economic Review, forthcoming.

13.[ 6 / 6 ] Market Design (A Taiwanese Example)
               Student Presentation: 鄭宇略、傅家楨、李偉聖
                    Duffy and Puzzello (2014), “Gift Exchange versus Monetary Exchange: Theory and Evidence,” American Economic Review, forthcoming.

14.[ 6 /13] Prediction Markets [old slides](MGS, Ch.34); Asset Bubbles [old slides](EL, Ch.8)
               Experiment 11: Asset Market Experiment

               Student Presentation: 陳亦凡、黃彥霖、左如田
                    Deck, Lin and Porter (2013), “Affecting Policy by Manipulating Prediction Markets: Experimental Evidence,” Journal of Economic Behavior & Organization, 85(1), 48-62.

15.[ 6 /20] Final Proposal Due


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Last modified on 二月 06, 2015