Participating in Economic Experiments
Welcome to the CSIRO-ANU Economics Laboratory
This facility is run by CSIRO Sustainable Ecosystems and the
ANU
with the support of the Securities Industry Research Centre of
Asia-Pacific (SIRCA).
Economic experiments investigate how people make economic decisions.
They are used to help design economic policies, through a better
understanding of how people respond to different policies and
incentives.
ANU students are invited to register to participate in these
experiments. By taking part in an experiment you will have the
opportunity to earn money. The amount you earn will depend on
the outcomes of decisions made during the experiment. You will
be paid a minimum of $10, up to a maximum of $50 (rounded to
the nearest dollar).
To register, please follow the link form the front page. You
will need to enter your email address and student number. Once
you have registered, you are eligible to take part in experiments.
The calendar indicates when experiments are scheduled, and whether
they still have places open. You can then sign up for individual
experiments through the calendar.
Once you have registered, you will receive emails inviting you
to participate in future experiments, as well as reminders to
attend experiments for which you have signed on. You can de-register
at any time by emailing the administrator.
The calendar indicates how long experiments will run for – we
promise they will not exceed the scheduled time.
Should you wish to, you are of course free to leave at any time
during an experiment. However if you choose to leave before the
end of an experiment you will not be paid (as leaving prematurely
may invalidate the results of the entire session).
During a typical experiment you will be presented with a scenario,
and asked to make various decisions relating to that scenario.
You will be provided with a full set of instructions explaining
the scenario and the decisions you are required to make. You
will not need any prior knowledge.
The decisions you make during the experiment will be recorded
and used to compare the effects of alternative policies. All
decisions you make will be completely confidential.
Your name will not be stored with the data from the experiment.
Results will not be published or reported in any way which may
identify the individuals involved.
You will receive your payment at the end of the experiment.
You will be asked to sign a receipt for the money we pay you – this
is for accounting purposes only. The amount of money you earn
in the experiment will be confidential.
This research is conducted in accordance with the National Statement
on Ethical Conduct in Research Involving Humans, and has been
approved by the Crawford School of Economics and Governance Ethics sub-committee.