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02: Experimental economics

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Hauptschule
Seminar / Seminar
German and English language

Reading list

Seminar 1: What is experimental economics and what does it try to achieve?
“ Smith, Vernon: What is experimental Economics?
http://www.ices-gmu.org/article.php?id=368&print=1
“ Smith, Vernon (1994): Economics in the Laboratory, Journal of Economic Perspectives 8(1), 113-131.

Seminar 2: What is the role of social norms in labour markets?
“ Falk, Armin & Ernst Fehr (2003): Why Labor Market Experiments? Labor Economics 10, 399-http://www.iew.unizh.ch/home/fehr/papers/WhyLabourMarketExperiments.pdf
“ Fehr, Ernst, & Simon Gächter (2000). Fairness and Retaliation: The Economics of Reciprocity. Journal of Economic Perspectives 14(3), 159-181. http://www.iew.unizh.ch/wp/iewwp040.pdf

Seminar 3: Who is homo economicus?
“ Camerer, Colin and Richard Thaler. (1995). Anomalies: Ultimatums, Dictators and Manners. (1995) Journal of Economic Perspectives 9(2): 209-219.
“ Henrich, Joseph, Robert Boyd, Samuel Bowles, Colin Camerer, Ernst Fehr, & Richard McElreath (2001). In search of homo economicus: behavioral experiments in 15 small-scale societies. American Economic Review 91(2), 73-78. http://www.iew.unizh.ch/home/fehr/papers/insearch.pdf
“ Glaeser, Edward, et al. (2000). Measuring Trust. Quarterly Journal of Economics 115(3): 811-46.
“ Sigmund, Karl, Martin Nowak & Ernst Fehr (2002): The Economics of Fair Play. Scientific American, January, 82-87. http://www.iew.unizh.ch/home/fehr/papers/fairplay.pdf
German version: http://www.iew.unizh.ch/home/fehr/papers/TEILENUNDHELFEN_Spektrum_der_Wissenschaft.pdf

Seminar 4: What can we learn from experiments about human nature?

“ Dawes, Robyn and Richard Thaler. (1988) Anomalies: Cooperation. Journal of Economic Perspectives 2(3): 187-197.
“ Fehr Ernst, & Simon Gächter (2002): Altruistic Punishment in Humans. Nature 415, 137-140. http://www.unipublic.unizh.ch/magazin/wirtschaft/2002/0413/Altruistic_Punishment.pdf
“ Fehr, Ernst & Urs Fischbacher (2003). The Nature of Human Altruism. Nature 425, 785-791. Available at: http://www.iew.unizh.ch/home/fehr/papers/NatureOfHumanAltruism.pdf
“ Fehr, Ernst, Urs Fischbacher & Michael Kosfeld (2005): Neuroeconomic Foundations of Trust and Social Preferences, forthcoming in American Economic Review. ftp://ftp.iza.org/dps/dp1641.pdf

Seminar 5: Gender, discrimination and stereotyping

“ C. Eckel and P. Grossman,  Men, Women and Risk Aversion: Experimental Evidence. Forthcoming in Handbook of Experimental Results, edited by C. Plott and V. Smith. New York, Elsevier.
“ C. Eckel and P. Grossman,  Differences in the Economic Decisions of Men and Women: Experimental Evidence. Forthcoming in Handbook of Experimental Results, edited by C. Plott and V. Smith. New York, Elsevier.
“ C. Eckel and R. Wilson, „Detecting Trustworthiness: Does Beauty Confound Intuition?“. Working paper, August, 2005.

Seminar 6: Risk Aversion: Measurement and calibration

“ Eckel and P. Grossman,  Forecasting Risk . Working paper, 2005.
“ Rabin, M. and Richard Thaler. 2001. Anomalies: Risk Aversion. Journal of Economic Perspectives 15(1): 219-232.
“ Kahneman, Daniel, Richard Knetch and Richard Thaler. 1991. Anomalies: The Endowment Effect, Loss Aversion and Status Quo Bias. Journal of Economic Perspectives 5(1): 193-206.

Professor, School of Social Sciences, University of Texas, Dallas
Professor for the Psychology of Economic Decision Making

Dr. Catherine C. ECKEL

Professor, School of Social Sciences, University of Texas, Dallas

B.S., Economics, Virginia Commonwealth University Ph.D., Economics, University of Virginia Assistant Professor Associate Department Head Associate Professor Professor - Department of Economics, Virginia Polytechnic Institute and State University, Blacksburg, Virginia, Program Director, National Science Foundation, Economics Program, Arlington Fellow, Wissenschaftskolleg zu Berlin Director, Laboratory for the Study of Human Thought and Action, Virginia Tech
1977
1983
1983-1989
1987-1993
1989-1998
since 1998
1996-1998
2002
since 2002

Dr. Simon GÄCHTER

Professor for the Psychology of Economic Decision Making

Studium der Volkswirtschaft und Philosophie Doktorat VWL Habilitation in Volkswirtschaft an der Uni Zürich Ordentlicher Professor an der Uni St. Gallen
1984-1990
1994
1999
2000-2005

Seminarwoche

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