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.

Future seminars

2025-06-26 Ryan Oprea (University of California Santa Barbara)
Behavioral Attenuation (with Enke, Graeber, & Yang).
Room: E0.15, 16:00-17:15.
We report a large-scale examination of behavioral attenuation due to information-processing constraints, the elasticity of people’s decisions to fundamentals is generally too small. We implement 30 experiments on a broad range of economic decisions, including choice, valuation, belief formation, strategic games and generic optimization. In 93% of our experiments, the elasticity of decisions to fundamentals decreases in participants’ cognitive uncertainty. Moreover, in decision problems with objective solutions, elasticities are universally smaller than is optimal. We show that the magnitude of attenuation is partly driven by the complexity of the decision problem. Many widely-studied anomalies represent special cases of behavioral attenuation.

2025-07-03 Ivan Soraperra (Max Planck Institute for Human Development.)
How to Curb Over-The-Counter dispensing of Antibiotics? Evidence from a Field Experiment in Ethiopia.
Room: TBA, 16:00-17:15.
In a randomized controlled trial among Addis Ababa’s community pharmacies, we implemented informational interventions to curb over-the-counter (OTC) antibiotic dispensing, which, especially in developing countries, contributes to the development of antimicrobial resistance (AMR). Our results show that one-time letters to pharmacists and a poster placed within the pharmacy premises significantly reduce OTC antibiotic sales in the short run, with the poster’s effect persisting five months later. We observe no significant impact on antibiotic prices. These findings highlight the potential of targeted informational interventions to tackle OTC antibiotic dispensing and mitigate the growing AMR threat.

Please login

Future seminars