Tasmanian School of Business & Economics

Experimental Economics

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The Experimental Economics Laboratory, University of Tasmania

Experimental economics is an important and growing field in which the underlying principles of economics are explored under laboratory conditions. The aim of the research group is to evaluate the theory and application of economics to environmental and resource issues. These include fishery management, market designs for water quantity and quality, ecosystem services and air quality. We also conduct experiments to research risk and uncertainty, adverse selection and moral hazards in natural resource management.

We are a group of researchers in Economics and Finance at the University of Tasmania, Australia. We develop world-class research in the field of applied economic theory and experimental economics. We also provide an excellent Ph.D. program in experimental, ecological, and resource economics. The centre has an active visiting fellows program and encourages collaborative research projects. Our centre consists of two laboratories each containing 10 networked partitioned work-stations and an experimenter's office.