|
ECON 281 Experimental Economics: |
|
MW: 1:15 - 3:15 pm, R: 8:30 - 9:30 am, or by appointment |
4/20/04--Group
work--due in class--questions on
"Trust and Reciprocity";
Outline of "Trust and Recprocity" paper due
in class;
For Thurs., Apr. 22: Read and outline
"Customer
Search Price,” Deck & Wilson
(Course Packet, p. 304)
4/15/04--Group
presentation--Rent Seeking--before
the final exam, read related classroom
experiment paper and background research
paper referenced on the group project
presentation handout;
Group presentation--Information Cascades--
before the final exam, read related classroom
experiment paper and background research
paper referenced on the group project
presentation handout;
In-class experiment: Rent Seeking;
In-class experiment: Information Cascades;
For Tues., April 20: Read and
outline
"Trust and Reciprocity" article from the
Course Packet;
4/13/04--Continued
discussion of Dr. J's dissertation
one-shot public goods instructions and
paper;
In-class game--Trust/Reciprocity;
For Tues., April 20: Read and
outline
"Trust and Reciprocity" article from the
Course Packet;
Group project presentations next class
4/08/04--Group
work--due in class--questions on
"Group Size Effects in Public Goods
Provision";
Outline of "Group Size Effects in Public Goods
Provision" paper due in class;
Handouts--Dr. J's dissertation one-shot public
goods experiment instructions and paper--
began discussions and will discuss more on
Tues., Apr. 13
4/06/04--Group
work--due in class--questions on
"Covenants With and Without a Sword";
Outline of "Covenants With and Without a Sword"
paper due in class;
For Thurs., Apr. 8:Read and outline
"Group Size
Effects in Public Goods Provision: The Voluntary
Contributions Mechanism,” Isaac & Walker
(Course Packet, p. 201)
4/01/04--Lecture--excludability,
rivalry, public goods,
private goods, common pool resources, club
goods, free rider problem;
Exam #2 graded and returned;
In-class Public Goods experiment (X-C points);
"Coasian Solutions" paper questions and outline
due in class;
Peer/Self-evaluation sheets for regular small
groups and team projects completed;
For Tues., Apr. 6:Read and outline“Covenants
With and Without a Sword: Self-Governance
is Possible,” Ostrom, Walker, and Gardner
(Course Packet, p. 223)
3/30/04--Read,
outline Course Packet article starting on
p. 186, "Coasian Solutions to the Externality
Problem in Experimental Markets"--Link
to
questions--Note:
outline and questions
will be due on Thurs., Apr. 1
as Dr. J. won't
be in class today
3/25/04--Exam
#2 taken in class;
For Tues., Mar. 30:
Read, outline Course Packet
article starting on p. 186, "Coasian Solutions to the
Externality Problem in Experimental Markets"--
Link to questions--Note:
outline and questions
will be due on Thurs., Apr. 1
as Dr. J. won't be in
class on Tuesday
3/23/04--Market
for Lemons Group Experiment Presentation--
Read Holt/Sherman (p. 407 in the course packet)
and
DeJong/Forsythe/Lundholm (download via JSTOR)
before Exam #2;
Lecture--The Lorax and negative externalities;
Exam #2--Thurs., Mar. 25
3/18/04--Lecture--market
failure, positive/negative
externalities, common pool resources;
Film clips--from As Good as It Gets and
from Dances with Wolves to illustrate ideas;
For Tues., Mar. 23--Team
#1 experiment
presentation (postponed from today);
Read Holt/Sherman (p. 407 in the course packet)
and
DeJong/Forsythe/Lundholm (download via JSTOR)
before Exam #2;
Exam #2--Thurs., Mar. 25
3/16/04--Bubble/Crash
Group Experiment Presentation--Read
Ball/Holt (p. 389) and Smith/Suchanek/Williams
(p. 125) papers in the course packet before Exam #2;
Article handouts on tulip mania and other historic
speculative bubbles--discussion
questions;
For Thurs., Mar. 18--Team
#1 experiment
presentation
3/09/04 and 3/11/04--Spring Break!!!
3/04/04--DotCon
video & questions--due Tues., March 16;
Team #2 experiment presentation postponed
until Tues., March 16;
Discussion questions--due in class--Roth
article on
eBay/Amazon auction institutions
3/02/04--Group
work--due in class--questions on
"Auction Institutional Design" and
article handout "The Bidding Game";
In-class discussion of gametheory.net
website--movie clips of The Princess Bride
and Dr. Strangelove;
For Thurs., Mar. 4--handout--Roth
article
on eBay/Amazon auction institutions (read,
but no outline);
For Thurs., Mar. 4--Team
#2 experiment
presentation
2/26/04--Group
work--due in class--questions on “A
Comparison of Posted-Offer and
Double-Auction Pricing Institutions,”
Ketcham, Smith, and Williams (p. 70);
2 handouts regarding Dutch auctions--read
and discussed in class;
Class discussion of Dutch and English auctions;
Final Group Project instructions handed out (neon
green sheet);
X-C handed out regarding article "Does Studying
Economics Inhibit Cooperation?” by Frank,
Gilovich, and Regan (p. 47);
For this Tues., March 2--Read and
Outline: “Auction
Institutional Design: Theory and Behavior of
Simultaneous Multiple-Unit Generalizations of
Dutch and English Auctions” by McCabe, Rassenti,
and Smith (p. 61);
2/24/04--Discussion
of auctions;
In-class experiment: Double Oral Auction;
X-C handout;
Revised Group Project handout and discussion;
Exam #1 graded and returned;
For this Tues., Feb. 26--Read and
Outline: “A
Comparison of Posted-Offer and
Double-Auction Pricing Institutions,”
Ketcham, Smith, and Williams (p. 70);
Ultimatum bargaining in-class questions from
2/12/04 collected;
Auction Computer assignment from last class
collected
2/19/04--Auction Computer assignment--due Tues., Feb. 24
2/17/04--Exam
#1 taken in class;
Handout for Auction Computer assignment;
Handouts for reading for Tues., Feb. 24
2/12/04--In-class
small group discussion questions--
Guth/Huck/Ockenfels and
Binmore/Shaked/Sutton papers;
Nash PBS video questions returned;
Note: Exam #1--this Tues., Feb.
17
2/10/04--Ultimatum
bargaining games;
In-class experiment: Ultimatum Bargaining;
Nash video questions due in class;
HW--due Thurs., Feb. 12--Read
and Outline the
Guth/Huck/Ockenfels paper (p. 30
of the Course Packet)--see generic outline
handout for guidance--Remember
to print
2 copies of the outline;
HW--due Thurs., Feb. 12--JustRead
the
Binmore/Shaked/Sutton paper (p. 43
of the Course Packet);
Cooper/DeJong/Forsythe/Ross outlines and
questions returned;
Note: Exam #1 is moved
(from this Thurs.,
Feb. 12) toTues., Feb. 17
2/05/04--Outline
and questions for Cooper/DeJong/
Forsythe/Ross paper due in class;
"A Brilliant Madness"--video on John Nash--
questions--due on Tues., Feb. 10;
Video clip--Hudsucker Proxy--illustrating supply
and demand;
Extra-credit handout
2/03/04--Small
group work--questions related to Cooper/
DeJong/Forsythe/Ross paper--due Thurs., Feb.
5;
Outline--to be collected on Thurs., Feb. 5
1/29/04--Finishing
game theory overview, discussion of
Prisoner's Dilemma and Coordination games
in terms of institutions and environments,
discussion of Plott/Capra Classroom Experiment
papers on Coordination and Prisoner's Dilemma
games;
Handouts--preliminary instructions and grading
rubric for "Conducting Your Own
Experiment" assignment;
HW--due Tues., Feb. 3--Read
and Outline the
Cooper/DeJong/Forsythe/Ross paper (p. 1
of the Course Packet)--see generic outline
handout for guidance--Remember
to print
2 copies of the outline
1/27/04--Continued
game theory;
In-class Cooperation Game;
Small group interaction;
In-class handout assignment--due in class--
Charles Plott 1990 Presidential Address
to the SEA;
HW--for this Thurs., Jan. 29--read
Classroom
Experiment "Coordination" and "Prisoner's
Dilemma" papers from Part II of the Course
Packet
1/22/04--Discussion
of handout on John Nash and video
clip from A Beautiful Mind;
Small group activity--Brain Teasers handout;
Computer
Lab Day #1--see assignment for
homework due Tues., Jan. 27
1/20/04--Game
theory overview;
In-class group assignment--due in class--
Plott/Roth articles;
Game theory overview handout;
In-class Prisoner's Dilemma Game;
HW--read handout on John Nash
1/15/04--Experimental
Economics overview;
In-class assignment--group discussion questions
regarding reasononline interview with Vernon L. Smith;
Plott "Experimental Economics in 2090" article handout;
Roth "On the Early History of Experimental Economics"
article handout;
Experimental Econ. overview handout;
HW for Tues., Jan. 20:
read both the Plott and Roth articles
1/13/04--(First
day of class, Spring 2004)
Introductions;
Index cards;
Syllabus;
Generic Outline;
Peer/Self-Evaluation Instrument;
Purpose of Readings and Outlines;
reasononline interview with Vernon L. Smith
Economics and Political Cartoons handout;
HW for Thurs., Jan. 15:
read the reasononline interview
Back to ECON281 Home Page.