Why it is on your interest to sign

up for Experimental Economics

course next semester
Chaikal Nuryakin
chaikall@yahoo.com

John List:
Economists obsess about what people do, and
whats missing is why people do it. Field
experiments tell you why people do it.

He is not John Nash with his beautiful mind

He graduates only from Wyoming (not
even top 20 in US)
You probably hear of his name just now
The fact is he is an experimental economist

Scope of Economic
Experiment

It is a methodology that have broad

application in any field of economics
and other subjects subject to ethics
and funding
Whatever your interest it could be
facilitated by experimental economics

As a science, experimental
economics focus on how to design a
good experiment?
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John Lists story continues

Jika biasanya lulusan Ivy-League
memiliki tangga karir yang menurun
atau mengajar di non-ivy league
maka ada satu nama (from few) yang
memiliki kecenderungan berbeda
Tangga karirnya menaik dari lulusan
Wyoming kemudian mengajar di
University fo Central Florida dan
pada akhirnya di Chicago. Why?
Because of (field) experimental

Graduate and Beaten down

When I graduated from the
University of Wyoming in 1996 I
applied for 150 academic jobs. The
ASSA meetings that year were in San
Francisco. So I flew to San Francisco
from Laramie, and Im beaten down. I
applied to 150 schools and only two
schools agreed to interview me at
the meetings. One was the University
of Central Florida and one was

It hurt me not ..
It hurt me not coming from a top 5, top 10, or
top 20 school; it hurt me that I did not have a
well-known, Nobel-type economist writing
letters for me; and perhaps what hurt me the
most is that I didnt have much published
research at the time. But the silver lining is
that in the end if you work hard, you can
increase your stock and you can move up. I
have aged a lot in this process. Its been many
years of sleepless nights working on research.
I have loved every minute of it, though.
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Read full about this his story and his

works
http://
www.richmondfed.org/publications/res
earch/region_focus/2012/q2-3/pdf/int
erview.pdf
http://home.uchicago.edu/jlist/
You will experiment some of his
experiment in this course (if and only
if it open next semester: we need
you to sign, please)
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Experimentalist in Indonesia
Indonesia is maybe one of the largest
economics lab in the world, and huge
area of this lab is still virgin
We have J-Pal
WB is setting up Behavioral
Innovations Lab
We have behavioral economics group
with regular monthly meeting
Members from psychology, sociology,
else

What you have to do?

We need at least 15 students to sign
up for experimental economics
course next semester
Sign, be there and enjoy!

Thank you

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