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 EMT 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 EMT 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: Estimating Binary Lottery Choice (EMT 3.1, 3.3-3.7) (小松花帆、法奧斯托、黃建華)  in EMT Module
                 Analyzing Ultimatum Game Data (EMT 3.2, 3.8-3.11) in EMT Module

 7. [4/18] Bargaining (continued; OCW) (BGT, Ch.4; Camerer-2022)
                 Student Presentation: MU (Ch.4) (陳品勳、陳昶安)
                 Student Presentation: Estimating Social Preferences (EMT 4.1-4.3) (白捷安、葉凡禎、施卲) in EMT Module

 8. [4/25] Dominant Solvable Games (OCW) (BGT, Ch.5)
                 Student Presentation: MU (Ch.5) (賴睿Rita, Clement Chen)

 9. [5/ 2 ] Level-k Thinking (OCW) (Crawford-2013; Wang-2010)
                 Student Presentation: Estimating QRE (EMT 16.1-16.6) (薛鈺樺、劉緻樺) in EMT Module
                 Student Presentation: Finite Mixture Models and Cognitive Hierarchy (EMT 5.1-5.5, 17.3) (林暐儒、周以婕) in EMT Module

10.[5/ 9 ] Learning (OCW) (BGT, Ch.6; HEE2, Ch.10; Knoepfle-2009; Chen-2020)
                 Estimating Learning (Experimetrics 18.1-18.8) in EMT Module
                 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] Coordination (OCW) (BGT, Ch.7)
                 Student Presentation: Bronchetti et al. (2023) (賴睿Rita, Clement Chen)
                 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)
 

12.[5/23] Signaling and Reputation (OCW) (BGT, Ch.8)
                

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

13.[6/ 6 ] Final Quiz (Replication Report/Final Proposal Due 6/6, 11:59pm)