Experiments and private and public policy

Recommended Prerequisites

Having attended the Masters' course "Contratação Pública e Parcerias Público-Privadas".

Teaching Methods

In the course, there are different types of lectures: 1) Theoretical classes; 2) Participation in experiments and short exercises; 3) Debates and articls´discussion.

Learning Outcomes

The main goal of the course is to introduce students to the methodology of Experimental Economics and its application to public and private management in a set of areas: Health, Education, Energy and Environment, Eender Equality, Finance, Philantrophy. The course provides students with skills needed to design and run an experiment either in the lab or in the field and to present and discuss experimental results.

Work Placement(s)

No

Syllabus

Part I: Introduction and Methodology

1. Introduction to Experimental Economics

2. Lab vs Field Experiments? 

3. How to design an experiment?

4. How to conduct an experiment?

5. How to analyse experimental results?

Part II: Experimentas and Topics in Private and Public Policy

1. Lab experiments

1.1. Public Goods

1.2. Tragedy of commons

1.3. Matching markets

1.4. Auctions

2. Field Experiments

2.1. Health

2.2. Education

2.3. Energy and Environment

2.4. Gender Equality

2.5. Finances

2.6. Philantrophy. 

Head Lecturer(s)

Pedro Miguel Alves Ribeiro Correia

Assessment Methods

Assessment
Other: 20.0%
Frequency: 30.0%
Project: 50.0%

Bibliography

Ertaç, S. and Maximiano, S. (2010). Experimental Economics in 21st Century Economics: A References Handbook, vol. I. Sage Publications.

Kagel, John and Roth, A.E. (1995). The Handbook of Experimental Economics. Princeton University Press.

Roth, A.E. (2002). The Economist as Engineer: Game Theory, Experimentation, and Computation as Tools for Design Economics

Behavioural Insights and Public Policy, Lessons from Around the World, OECD, 2017

(Outros artigos serão facultados nas aulas de discussão /Other articles will be used for the discussion lectures).