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Economic Theory and Experiments

Economic Theory and Experiments Research Group

The Economic Theory and Experiments Research Group advances microeconomic and behavioural frameworks through both theoretical and experimental methods. It is one of three research groups in the Department of Economics.

The Economic Theory and Experiments Research Group investigates decision-making, markets, and other socioeconomic institutions through both theoretical and experimental methods.

Our research has two key focuses. First, we develop theoretical models to study individual and strategic behaviour, the role of information in economic interactions, as well as the design of markets and institutions. Second, we design and implement experiments to test and refine theoretical models, while also providing insights to inform and shape policy. Some of our members contribute to both the development of theory and the design of experiments, aiming to create economic models with greater predictive power and practical applicability.

Our research spans a wide array of subfields, including the digital economy, industrial economics, competition policy, information economics, bounded rationality, mechanism design, networks, contests and auctions.