CREED, Center for Research in Experimental Economics and political Decision making

The Center for Research in Experimental Economics and Political Decision making is a research institute at the Faculty of Economics and Econometrics, University of Amsterdam.

Its research program consists of three main projects:

Economics of Political Decision Making. The project focuses on the analysis of the behavior of political decision makers, its consequences for government policies, and the impact on the economy.
Bounded Rationality and Institutions. In this project fundamental aspects of individual decision making are investigated.
Experimental Economics.Here the method of laboratory experimentation is used to study economic problems. Research in this project is particularly stimulated by, and provides feedback for, the two projects mentioned above.

CREED is located on the seventh floor of the E2 building at Roetersstraat 11, Amsterdam.
CREED can be reached easily by public transport, see the public transport planning site 9292.nl and consult maps.google.nl if you come walking.

CREED lab rules

No deception! All information the participants receive must be true.
Reasonable payment for participants. If participants get a very low payment, they will not enlist for other experiments and when the payments are very high participants may form unrealistic expectations. In both cases there are negative external effects for other experimenters.
The experimental design must be presented in a CREED lunch seminar before the experiment is run.
Data-integrity: directly after a session is run the experimenter fills in the logbook and sends the raw data files to creedexperimentdata@gmail.com and all the co-authors. After the last session of an experiment the experimenter sends the computer program to the same email address.
When the participants are not from our regular subject pool but from vulnerable groups like children, patients, etc; or when the experiment may have lasting effects on the well-being of the participant; or when in the CREED lunch seminar members of the audience have serious ethical objections, the experimenter should seek approval from the IRB (Institutional Review Board, also known as the ethical committee) before running the experiment.

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