EXPERIMENTAL ECONOMICS - Empirical tools and methods to investigate economic behavior
The 2021 edition will take place in Paris while taking into account the highest sanitary measures to protect the participants and professors. On site, our campus offers teaching and logistics space: classrooms, teaching theater, garden, coffee and lunch breaks facilities... Please note that reimbursment is guaranteed in full for sanitary reasons related to COVID-19.
While experiments have been seen for long as a specific domain within economics, the experimental method is now widely considered as a tool among others in the typical economist’s toolbox. Its use has shed light on many areas, on the theoretical side (decision theory, game theory, markets) as on the more applied and descriptive ones (policy, development, labor economics, industrial organization, health economics, to name a few). It has led to the development of “behavioral economics”, but its general relevance runs deeper than that.
The program offers an overview of experimental methods and techniques aimed at understanding economic behavior: how to design, implement and analyze an experiment so to answer a research question
« I learned a lot from all the lectures. I especially liked the feedback sessions on our projects. I spoke to several faculty members and a PhD student about my project and got a lot of advise on what to consider to make the project better. The feedback given was constructive and encouraging. » Karen, 2019
A solid background in economics/microeconomics, basic knowledge of econometrics and statistics and a working command of English.
How will professionals benefit from the programme
Rigorous experimental methodology are often overlooked in professional environments, despite their huge advantages in terms of evaluation. This programme will allow you to design experiments that will give a robust assessment of the effect of an intervention on economic behavior.
How will students benefit from the programme
Experimental methodologies are often not part of the standard curriculum, despite the generality of its benefits (applied/professional research; fundamental research). This course will provide a crash course in experimental methods aimed at understanding economic behavior, giving you the ability to soundly rely on experiments in your future research projects.