Experimental Design

Undergraduate / Graduate

The course equips students with the necessary skills to design and execute experiments effectively. In the first part of the course, students will learn why experiments are conducted and explore different types of experiments along with their respective advantages and disadvantages. Students will gain insights into choosing appropriate incentive structures and appropriate sample sizes. The course addresses critical issues, including internal and external validity, scalability concerns, and the risks of P-hacking and multiple hypothesis testing. Students will also learn about Institutional Review Board procedures. In the second part of the course, students will learn how to measure time preferences, risk preferences, subjective expectations, other-regarding preferences, competitiveness, and discrimination.