The National Centre for Econometric Research (NCER) will hold a short course in Experimetrics on Monday 20 July and Tuesday 21 July in Z850 with Professor Peter Moffatt.
Monday 20 July - 12pm to 5pm
Tuesday 21 July - 9am to 12pm
This short course will be held in room Z850, Z Block, Gardens Point Campus, Queensland University of Technology, Brisbane.
Professor Peter Moffatt, from the University of East Anglia
PART I: Theory Testing, regression, and dependence
- Experimental Auctions
2.1. Overview of auction theory
2.2. Carrying out an experimental auction
2.3. The simulated auction data
- Tests of auction theory
3.1. A test of RNNE in a second price common value auction
- Tests of comparative static predictions
4.1. Standard treatment tests
4.2. Treatment testing using a regression
4.3. Accounting for dependence: the ultra-conservative test
4.4. Accounting for dependence in a regression
4.5. Accounding for dependence: the block bootstrap
- Multiple regression with auction data
5.1. Introducing the effect of uncertainty
5.2. Introducing the effect of experience
5.3. Introducing the effect of cash balance
- Panel data estimators
6.1. Random effects versus fixed effects
- Multi-level modelling
- Modelling data from contest experiments
8.1. The Tullock contest
8.2. A contest experiment
8.3. Analysis of data from a contest experiment
- Meta Analysis
PART II: Dealing with heterogeneity: Finite Mixture Models
- Mixture of two normal distributions
- The fmm command in STATA
- The level-k model for the “beauty contest game”
- A public goods experiment
14.4. The finite mixture 2-limit tobit model with tremble
14.7. Posterior Type Probabilties
Kagel, J. H., & Levin, D. (1986). The winner's curse and public information in common value auctions. The American economic review, 894-920.
Kagel, J. H., Levin, D., & Harstad, R. M. (1995). Comparative static effects of number of bidders and public information on behavior in second-price common value auctions. International Journal of Game Theory, 24(3), 293-319.
Ham, J. C., Kagel, J. H., & Lehrer, S. F. (2005). Randomization, endogeneity and laboratory experiments: The role of cash balances in private value auctions. Journal of Econometrics, 125(1), 175-205.
Chowdhury, Subhasish M., Roman M. Sheremeta, and Theodore L. Turocy. (2014) "Overbidding and overspreading in rent-seeking experiments: Cost structure and prize allocation rules." Games and Economic Behavior 87: 224-238.
Sheremeta, Roman M. (2013) "Overbidding and heterogeneous behavior in contest experiments." Journal of Economic Surveys 27.3: 491-514.
Bosch-Domènech, A., Montalvo, J. G., Nagel, R., & Satorra, A. (2010). A finite mixture analysis of beauty-contest data using generalized beta distributions. Experimental economics, 13(4), 461-475.
Runco, M. (2013). Estimating depth of reasoning in a repeated guessing game with no feedback. Experimental Economics, 16(3), 402-413.
Bardsley, N., & Moffatt, P. G. (2007). The experimetrics of public goods: Inferring motivations from contributions. Theory and Decision, 62(2), 161-193.
This course is free-of-charge for members of our Institution Partners, however there is a cost involved for other participants.
For further details please contact the NCER Administration Coordinator:
Queensland University of Technology