Fall 2006 not offered
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.
||Gen Ed Area Dept:
|Course Format: Lecture||Grading Mode: Student Option|
||Prerequisites: ECON301 OR ECON302
||Fulfills a Major Requirement for: (ECON-MN)(ECON)
|Additional Requirements and/or Comments: |
Students who complete ECON 311 cannot receive credit towards the econ or MECO major for ECON 211, or vice versa depending on your needs for major credit.
|Drop/Add Enrollment Requests|
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