The Department of Economics sponsors an Experimental Economics Laboratory, located in the basement of Monroe Hall. University students participate in computer-based experiments that are used to study behavior in auctions, games, and other strategic settings. The Veconlab Software is used for about 50 web-based experiments. These experiments evaluate behavioral reactions to varying levels of information, opportunities to negotiate, and changing prices to name a few. In order to better model actual market behavior, student participants receive real cash payments based on the decisions they make in the experiments. Interested students should register on the Darden SONA participant site here.
The Lab is run by Professors Charles Holt and Andrew Kloosterman, with help from Professor Sean Sullivan at the University of Iowa Law School.
Lab Manager & Economics Doctoral Candidate
Daniel Harper
Student Research Assistants
Anna Kaplan, Economics Teaching Fellow
Sophia Lochner, Research Assistant - Federal Reserve Board (Summer 2022)
Juliette Sellgren, Research Assistant, Liberty Fund Podcast Host: "The Great Antidote"
Erica Sprott, Research Assistant and Economics Teaching Fellow, Predoctoral Student - Harvard University (Summer 2022)
Associated Former Lab RAs
Nicolas Anderson, Doctoral Student Department of Ecology & Evolution - Stony Brook University
Georgia Beazley, Business Analyst - Capital One in DC
Clement Bohr, Doctoral Student Economics - Northwestern University
Courtney Carpenter, Fannie Mae in DC
Jessica Ewing, Amazon
Yilin Huang - Masters of Science & Business Analytics - Columbia University
Maggie Isaacson, Research Assistant - Federal Reserve Bank St. Louis
Anna Lockwood-McPhilips, Business Optimization Analyst - Visafv
Alexandra Schubert, University of Zurich
Madison Smither, Harvard University Kennedy School
Michelle Song, Assistant Professor of Marketing - Boston College
Allison Sullivan, Management Consultant - KPMG US
Elin Woolf, Fulbright in Taiwan
Max Zilvitis, Fannie Mae