Experience Economics through Experiments and Play Experimental Economic

Research In economics, laboratory and field experiments are conducted to understand how people behave in simple (economic) situations and scenarios, and to draw conclusions about why certain decisions were made. As part of the "50 Mosaics" event series, BaER-Lab conducted a field experiment in which children could participate and become part of the research. Children had the opportunity to win toys depending on their decisions, and no prior knowledge was required to participate. Interested children and parents were then introduced to the method of experimental economic research. More information about the event can be found here.