Wednesday, October 31, 2007

MY First Experiment (in Econ)

This morning was the first time we ran a real session of my public goods experiment. It went off without a hitch. We only had 10 participants, but they gave us some good stuff. It was really sweet to watch 10 people playing the game from the control room (because I was always "playing" the game in the past, for troubleshooting purposes, and couldn't watch the live updating of everyone's decisions).

This has been a work in progress since the end of the summer. Although I revised the program a few times, if it weren't that Sean helped debug the program so well, I bet something would have gone wrong today. Fortunately, there weren't ANY problems during today's session. The participants made really good money, so I bet there will be a word-of-mouth promotion boosting our experiment's participation.

We're running another session in a week and Dr. Isaac is going to present some preliminary results at a conference over the winter break. Sweet.
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