Reference no: EM131744527

Assignment

Your goal is to write a paper on one of the lab experiments you participated in. In the end, you are trying to summarize the general state of knowledge related to your chosen experiment with respect to this general line of research and contrast it with the data that we have generated in the lab.

You want to take the perspective of a researcher. Be creative and curious. You should organize your paper in the way that makes most sense to you. However, I would expect that your paper will cover most (not necessarily all and you can also add elements that fit your research question) of the following elements:

- The economic questions motivating the experiment

- Description of the experiment, its design, theoretical predictions, testable hypotheses

- Report key results of early experiments, further research conducted with it or with variations of it.

- Are subjects behaving according to theory? Are there alternative explanations for those results.

- Describe/analyze the results we have obtained in the lab

- Compare/contrast the lab data with published research results. Did 450/550 students behave in ways similar to real research subjects? If not, can you think of explanations for the difference?

- Overall, what have we learned from this body of research?

- Can you think of ways to use this experiment or modifications of it in order to study other aspects of games theory or individual behavior?