If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Economics Experiment: Ideas plz!

JenJen86 · 2011-11-10 17:29:14

Our economics class has been given an assignment to study the concept of "Rational Economic Man" - utility, self-interest and rationality. Easy enough to explain, but we also have to do experiments on 20 people to test the concept and that's where I'm stuck. I thought about doing a version of the Coke/Pepsi test for…

10-11-2011 5:29pm

#1

JenJen86

Closed Accounts Posts: 1 ✭

Join Date: November 2011

Posts: 0

Our economics class has been given an assignment to study the concept of "Rational Economic Man" - utility, self-interest and rationality. Easy enough to explain, but we also have to do experiments on 20 people to test the concept and that's where I'm stuck.

I thought about doing a version of the Coke/Pepsi test for utility. So anyone got some good ideas on how I might do test "self-interest" and rationality?

Oh and if you wanna be a guinea pig for a day let me know!

0

Comments

#2 10-11-2011 11:47pm

unitedrover

Registered Users, Registered Users 2 Posts: 1,033 ✭✭✭

Join Date: July 2011

Posts: 988

No official suggestions as such.

But "Nudge: Improving Decisions about Health, Wealth and Happiness" by Thaler & Sunstein would be worth a look for some ideas on rationality and economic man.

0