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The Laboratory of Experimental Economics (LEE) was established in August 2009; the Academic senate of the Faculty of Economics and Public Administration at the University of Economics in Prague (UEP) approved its status in September 2009. The ceremonial opening of the LEE took place on October 7th 2009. Photo gallery of LEE, the UEP campus and the ceremonial opening here.
The Laboratory consists of two separate laboratory rooms, one with 24 and the other with 12 computers and one monitoring room with up to four server computers. Spherical panorama here.
The network construction enables running several independent experiments in any configuration, given that the sum of work stations and servers used in all experiments does not exceed 40. This makes LEE one of the largest laboratories of its kind in the world. An unofficial (and certainly also incomplete) list of the other laboratories (either real or virtual ones) of experimental and behavioral economics can be found here.
The programming languages which are primarily used in the laboratories are zTree 3.6.6., Visual Basic and C+. To be able to use the Lab one needs to read and adhere to the Lab Instructions and their Annexes.
The report from the meeting of the Academic Senate of the Faculty of Economics and Public Administration at the University of Economics in Prague from September 23rd 2009, where the foundation of the “Laboratory of Experimental Economics” within the Department of Economics at the Faculty of Economics and Public Administration at the UEP was discussed and approved can be found here (in Czech only).
Download the leaflet here.
News
Cary Deck in the LEE
Professor Cary Deck from the University of Arkansas will be teaching an intensive course "Selected Chapters from Experimental Economics" from January 30 through February 10 14, 2012 in the LEE. Further information on C. Deck, course, its organization and registration of those interested in taking part, please, see sections "Teaching at the UEP" or "Teaching outside the UEP".
Experimental money for ADRA
On December 10, 2011, as a part of his bachelor thesis research "Are Women More altruistic Than Men?" Marek Pekoč conducted an experient based on Dictator Game in which a charity organisation ADRA was a recipient. A representative of ADRA presented their activities to subjects who were than asked to divide money between them and the organization (details on research here). Money raised for ADRA activities from experiment amounted to 3210,- CZK and LEE rounded the total up to 4000,- CZK. Proceeds were then sent to ADRA account. Money will be used to help people of the Horn of Africa.
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