Exper-Metrics: Behavioral & Expirmental Econometrics

The lessons from behavioral economics have ameliorated social wellbeing and economic success in recent years. Academics and policymakers now recognize that integrating how individuals behave and make decisions in real-life dramatically improves the effectiveness of public policies and the validity of simple theoretical models. Thus, this area of research has enhanced our understanding of the barriers to decision-making and led to the emergence of a wider and richer theoretical and empirical framework to inform human decision making.


M&S Research Hub organizes comprehensive structured training for researchers, graduate students, practitioners, and scientists at all proficiency levels to teach foundations on behavioral economics and how their instruments can help improve social and economic outcomes in problems found in modern public policy. Similarly, the training will establish statistical and econometric techniques (and commands) to secure the correct implementation of interventions, and the assessment of their results.


Training Calendar

March / - Normal Group (7-10 participants)                                 

May  / - Normal Group (7-10 participants)                 4 seats left                         

August  / - Normal Group (7-10 participants)           7 seats left                         

October  / - Normal Group (7-10 participants)         7 seats left                         

2021

REVIEWS

EXPERIENCED TRAINERS

It was excellent training for me. I think Dr. Arhsian is the best in his field. He is a well-qualified person. I will recommend this institute for all my colleagues if they need it

Ferhat Citak 

Source - Home Page


COMPLETE GUIDE TO MODELING

Excellent Training



Gabriel

Source - Review Page

FULLY-FLEDGED TRAINING

After finishing the first module, I decided to to do all modules because the first one has opened my mind, because here in Zambia there is no university or college where they offer as full program they way you offer it, it only comes as a course to those who are doing economics.

George

Source - Home Page


Learning by "Researching" TM


Live Training


Snapshots

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Behavioral and Experimental Training Program


A fully-fledged intensive training on the fundamentals of behavioral intervnetions and experimental  approaches for econometric modeling and data analysis using STATA.


Duration: Approx. 17 Hours

Training Mode: Normal group (7-10 trainees), small group (2-5 trainees), and one-to-one

Platform: online (Zoom)

Extra benefits:

  • Certified certificate after completing the training and 10% permanent discount on all events, workshops, and webinars.
  • Trainees become eligible to submit their papers at MSR working paper series (SSRN and RePEc indexed).


Training content is systematic and structured as follows:


1.Theoritical Fundamentals


  • Historical development
  • Differences between classical and behavioral theory
  • Areas of application
  • Relevance in modern public policies
  • Choices and Preferences
  • Loss aversion, time inconsistency, social norms, reciprocity, status quo, etc.
  • Beliefs, Overconfidence, optimism bias, availability bias, representativity, etc.
  • Information Processing
  • Dual-process theory, hassle factors, prominence, framing effects, etc.

2. Experimentation Using STATA


  • What is Nudging?

  • Toolkit of instruments

  • Engagement Mechanisms, Default Options ( defaults ), Social Comparison (descriptive and prescriptive), Reminders, Framing

  • Methodological note: Framework on definition, diagnosis, design, and evaluation to implement behavioral interventions.

  • Practical case-study: Real-life behavioral intervention, such as the evaluation of whether a system of message reminders can improve the treatment against life-threatening diseases

  • Exploration of data: outcome variables, patient-level, and household characteristics, and descriptive results

  • Resolution of exercise in STATA: showcasing commands for balancing, descriptive treatment analysis, and econometric robustness.


3.Lessons learned in Public Policy


  • Behavioral insights from case studies: The review will include a wide range of activities and fields such as:

    ·       Consumer protection,

    ·       Education,

    ·       Energy,

    ·       Environment,

    ·       Financial products,

    ·       Health and Safety,

    ·       Labour Market,

    ·       Tax.

  • Q&A and way forward




3.

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