I will be presenting An Experimental Comparison of Two Exchange Mechanisms (PDF , 1,186kb) in the Departmental seminar series, on the 27th of September from 10.00 to 11.30.
This, An Introduction to Experimental Economics (MS PowerPoint , 863kb) is an introductory lecture on the whole approach. I gave it on Wednesday the 13th ofOctober. I am giving it again on Wednesday the 21st of September in VKS003.
Also this, The Methodology of Experimental Economics (MS PowerPoint , 64kb) is an introductory lecture on methodology. I will present it on Friday the 23rd of September at 14.30 to 16.00 in Chanakya 101.
I will use The design and implementation of Hey and Lotito (MS PowerPoint , 336kb) and The design and implementation of Carbone, Hey and Neugebauer (MS PowerPoint , 60kb) as illustrations of the Methodogy presentation. It would be helpful if you read Hey and Lotito Paper (PDF , 479kb) and Carbone, Hey and Neugebauer Paper (PDF , 1,186kb) respectively first.
The Hey and Lotito Experimental software ( 104kb download) is here.
It has been suggested to me that I give you the opportunity of experiencing experiments. That is an excellent idea. I need, and am waiting for, the cooperation of the IT department, as all my recent experiments are computerised. Any such sessions would be conducted in a Computer Room.
I would like you to experence the market experiment of Hey, Carbone and Neugebauer. This is an interactive Z-tree program and we need to mount it. You can read the published paper with the link below. The subjects were given instructions about the experiment as a whole and a recording of the trading Instructions (these are for the asset market). These are below.
Instructions for Asset Market Concave (MS Word , 61kb)
Recording of Trading Instructions Asset Market ( 20,990kb download)Recording of Trading Instructions Asset Market ( 20,990kb download)
There are four other experiments that might be interesting to experience. They are all individual experiments, and I link the paper and the instructions (where they are available) below.
Hey and Pace 1
Hey and Pace Paper (PDF , 661kb)
Hey and Knoll
Hey and Knoll Paper (PDF , 2,010kb)
Hey and Knoll Instructions (PDF , 395kb)
Hey and Lotito (second experiment)
Hey and Lotito Paper (PDF , 479kb)
Zhou and Hey Mark 3-elicitation methods
Zhou and Hey Paper (PDF , 1,978kb)
Zhou and Hey Instructions (MS Word , 188kb)
The following are individual lectures which I may or may not present. Theses lectures give information on the practicalities of running experiments. They may or may not be of interest - depending on where you are at with your planning.
Lecture 1 (MS PowerPoint , 79kb)
Lecture 2 (MS PowerPoint , 70kb)
Lecture 3 (MS PowerPoint , 86kb)
Lecture 4 (MS PowerPoint , 298kb)
Lecture 5 (MS PowerPoint , 75kb)
Lecture 6 (MS PowerPoint , 98kb)
Lecture 7 (MS PowerPoint , 67kb)
Lecture 8 (MS PowerPoint , 3,569kb)
Lecture 9 (MS PowerPoint , 2,972kb)
Lecture 11 (MS PowerPoint , 3,881kb)
Lecture 12 (MS PowerPoint , 800kb)
Lecture 13 (MS PowerPoint , 1,379kb)