Course: Experimental Methods in Economics and Finance

Professor: Tibor Neugebauer

ECTS: 1

Aims:

This PhD course introduces students to experimental research methods in economics and finance. We discuss experimental design, procedures and results. As the final aim, students design and conduct their own experimental research project. The topics addressed in this course include experimental methods including software programming, data analysis, experimental games and market experiments. We generally study laboratory design, survey experimental methods (Friedman and Cassar 2004) and the results of the experimental economics and finance literature (Roth and Kagel 1995, 2016). Students are introduced to experimental software programming (Fischbacher 2007). The course will be structured in five chapters.

Learning Objectives:

Upon successful completion of this course students will be able to:

• Understand the experimental research method.
  • Know key results of experimental literature in economics and finance.
• Prepare their own experimental studies using the methods and tools learned.