Economists study how people make economic decisions. Instead of being a passive observer of market determinants and outcomes, students have the opportunity to engage in economic decision-making as an active participant within the economic environment. A Classroom experiment provides students with a way to reflect on their own behavior and develop an intuitive grasp of fundamental concepts such as optimization, market interaction, the role of information and strategic behavior. Classroom experiments conducted with our mobile computer lab highlight the interaction between individual behavior and aggregate outcomes.
Student login page (http://veconlab.econ.virginia.edu/login.php)
Administrator setup page (http://veconlab.econ.virginia.edu/admin.htm)
Instruction screens for both participants and the administrator
Notes from experiment on 2005-10-06