Experimental Methods I ("Experimental Methods 1.01")

COURSE DESCRIPTION:

The course covers the various forms of experiments in strategy and organizational research. A major aspect is the comparison of the different approaches to experiments in psychology and economics. First, we discuss the experimental methods on a theoretical and practical level. We use famous experiments as examples of advantages and limitations of the experimental methods.

Then we will apply this method to a specific problem in management theory: group decision making. We will present and discuss possibilities to model group decision making processes in a lab. Students will participate by reading and presenting interesting experiments.

Finally, we look at recent developments of experimental methods in management science.

Class objectives:

1. Principal assumptions of decision making

2. Aspects of group decision making

3. Understand and use of the experimental method

4. Get to know the prominent applications of experiments

5. Learn how experiments are used for the research in strategy and organizational studies

6. State of the Art in Experiments

Pre-requisites:

admission to the Master's program; to complete this class successfully, a Bachelor’s Degree in Business (or equivalent) is highly recommended

Language: The course is held in English

Assignments and assessment:

Class participation, homework, paper presentation, individual written exam

Attendance:

As part of the course grade, your class participation will be assessed every session. You will automatically fail the class if you miss more than 10% of sessions.