About the Laboratory

Experimental economics involves the use of controlled laboratory experiments to better understand individual and group decision-making as well as to test economic theories. Experiment participants make decisions using computers or pen-and-paper in carefully structured scenarios that replicate real-world economic decision tasks, such as bargaining, auctions, simulated stock markets, social dilemmas, decision-making under risk, and matching markets. To align with real-world incentives, experiment participants typically receive cash rewards that depend on their decisions in the experiment. The University of Macau’s Department of Economics established the Experimental Economics Laboratory (ExLab) in 2024 as a platform for advancing research in economics and behavioral sciences. The lab is equipped with 17 computer terminals, enabling researchers to conduct controlled experiments on decision-making, market interactions, and strategic behavior. By integrating methodologies from experimental economics, behavioral economics, psychology, experimental finance, and social norm studies, ExLab tackles real-world challenges with innovative, data-driven solutions.

How to Register for Experiments

Individuals interested in participating in experiments will first need to register through the lab’s online registration system. Once registered, participants will receive email notifications about upcoming experiments and can sign up for sessions based on their availability and convenience. Please visit the FAQ section for more information.

No-Deception Rule

The Experimental Economics Laboratory strictly prohibits the use of deception in all experimental protocols conducted within its facility.