ECON311 - Experiments and Strategic Behavior

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Academic Year 2003/2004

Experiments and Strategic Behavior
ECON 311 SP

This course looks at both what economic theory (specifically a field known as game theory) has to say about strategic interactions and what economic agents (experimental subjects) actually do when faced with strategic decisions. A large number of in-class experiments (with real money payoffs) will be conducted in order to either identify systematic deviations or to confirm theoretical predictions. Students will learn new material first by participating in experiments and then by studying related economic theory. This course will investigate some of the major subject areas that have been addressed by laboratory experiments including market behavior, individual decision-making, strategic and sequential games, bargaining, coordination, public goods, auctions, altruism, cooperation, reciprocity, and gender effects.

MAJOR READINGS

Research paper and class notes available electronically via course web site.

EXAMINATIONS AND ASSIGNMENTS

Participation in in-class experiments and assistance in conducting experiments, homework assignments, shrot in-class quizzes and a research paper. There will be no final exam.

ADDITIONAL REQUIREMENTS and/or COMMENTS

Students interested in working towards Honors in Economics are encouraged to consider this course. The research project is a useful way to learn about doing independent research.

COURSE FORMAT: Lecture

REGISTRATION INFORMATION

Level: UGRD Credit: 1 Gen Ed Area Dept: SBS ECON Grading Mode: Student Option

Prerequisites: ECON301 OR ECON302

SECTION 01

Instructor(s): Rosenblat,Tanya Solie

Times: .M..... 01:10PM-04:00PM; Location: SCIE74

Reserved Seats: (Total Limit: 25)

SR. major: 10 Jr. major: 10

SR. non-major: 0 Jr. non-major: 0 SO: 5 FR: 0

Special Attributes:

Curricular Renewal: Quantitative Reasoning, Writing

Links to Web Resources For This Course.

Last Updated on MAR-19-2004