Experimental Economics
Module code: EC3099
Causal identification is the gold standard of empirical economic research. Such identifications cannot always happen with naturally occurring data but controlled experiments can impose exogenous variation to help with that identification. In fact, private companies (like Amazon, Google), charities, and governments have started to use experimental economic techniques to evaluate and implement new policies.
This module is divided into three parts. The first part serves as an overview and introduces you to the aims and scope of experimental economics, as well as the tools used in any experimental design. The second part provides a more detailed outline of some of the main economic topics in which experimental economics is routinely used. The last part includes more recent approaches to experimental economics and examples of interventions in the field.