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Experiments and Strategic Behavior
ECON 311
Spring 2007
Section: 01  

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 and field experiments including market behavior, individual decision-making, strategic and sequential games, bargaining, auctions, public goods, cooperation, trust and gender effects.

Essential Capabilities: Quantitative Reasoning, Writing
Credit: 1 Gen Ed Area Dept: SBS ECON
Course Format: LectureGrading Mode: Student Option
Level: UGRD Prerequisites: ECON301 OR ECON302
Fulfills a Major Requirement for: (ECON-MN)(ECON)
Past Enrollment Probability: Not Available

Last Updated on APR-22-2024
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