23004 Experimental Economics6cp
Requisite(s): 23567 Intermediate Microeconomics AND 23592 Game Theory
These requisites may not apply to students in certain courses.
There are course requisites for this subject. See access conditions.
This subject uses experiments to investigate behaviour in markets, games and other strategic situations. It provides a hands-on introduction to different trading mechanisms (e.g. continuous time double auctions, sealed-bid auctions, common-value auctions) and social dilemmas that arise when people try to provide public goods voluntarily, lobby to influence government, compete in contests, and bargain with and trust each other.
Detailed subject description.