Mini Track on Experimental Economics


Fostering recovery through metaverse business modelling

16-17 June 2022, Bucharest, Romania

Mini Track Chairs

  • Dragoṣ HURU, Bucharest University of Economic Studies, Romania

  • Angela ṢUTAN, Burgundy School of Business, France

Traditionally, the study of economics and economic policy is based on abstraction and the anticipation of patterns of behavior, rational or behavioral, to understand how people behave and how markets react based on validated and recognized scientific knowledge. However, economic theories and predictions are often difficult to test in real economic environments with adequate scientific relevance, and endogenous specific differences are largely ignored. In the current period, COVID 19, when we go through a state of the economy with unexpected developments and with no previous relevant experience, testing the validity and applicability of economic theories in a controlled laboratory environment by developing scenarios and reproducing economic incentives in the real economy to anticipate behaviors represents a very well-adapted scientific strategy for finding answers to economic policies and strategies at the micro or macroeconomic level.

The purpose of this mini-track is to bring together all those interested in highlighting the specific preferences of individuals to formulate policies, strategies with regional originality both at the company level and in the field of public policy.

We want to build a dedicated mini-track where we can highlight the consolidation of economic information that would lead to decisions often sub-optimal and can explain how human trends in economies lead to general economic behavior by generating empirical information replicable and verifiable.

  • Economic behavior explained by the social preferences
  • Economic policies and experimental economics
  • Games Theory. Coordination games. Evolutionary Games. Market games
  • Contracts Theory- explication for economic behavior
  • Fields experiments, study method for economic evolution in pandemic period. Learning experiments
  • Experimental finance, monetary problem during the COVID 19
  • Agent based computational modeling, how explain the economic evolution, behavior during and after Covid 19
  • Payoffs motivating choice and economic enviroment
  • Governing communication, actions, outcomes and reglementation during the pandemic situation
  • Environment and institution, implication for specific behavior in different geographic area

Dragoṣ HURU

is a Associate Professor in Economics, Director of the Department of Economics and Economic Policy, Director of the Research Center for Economic Analysis and Policy at the Academy of Economic Studies in Bucharest. In 2003 he obtained his doctorate, with the theme “Investments as a factor in economic development (the case of Romania)”. He has taken and continues to take courses in: Microeconomics; Macroeconomics; Intermediate Microeconomics; Applied Microeconomics; Applied Intermediate Microeconomics; Firm Theory; European Economic Integration;; Transnational Firms; Economic effects of European enlargement; European Microeconomics; Competition in the European economy; Economic strategies and game theory; Economic strategies in reticular systems of economy; Entrepreneurial initiative; Ethics and social responsibility in the EU; During his professional activity he has been a member of over 25 research projects and is the author / co-author of numerous publications. The area of interest in research is outlined in the study of the functioning of the market economy, of the strategies and impact of the different microeconomic components at the macroeconomic level, and in the impact that economic policies have on the economy and society in Experimental Economics.

Angela ṢUTAN

is a Professor in Behavioral and Experimental Economics at the Burgundy School of Business. She holds a PhD from the University of Strasbourg for which she obtained the best PhD prize and a HDR from the University of Montpellier. Her research fields are related to social and antisocial behaviors, beliefs formation in negative feedback environments and credence goods in the food and wine domain. She is an active academic and media author. In 2008, she created the first experimental economics in a business school in France, the LESSAC, now the largest experimental economics lab in France. She was part of the Ministry of Research Exhibition “145 women talk about science” and coordinated the Big Experiment (la Grande Experience Participative) for the Researchers’ Night. She is also the co-director of the Msc in Data Science and Organizational Behavior in partnership with PWC Luxembourg.