At REconLab, we run economics experiments to better understand human economic decision making. Students at RPI can participate in these experiments to help our research and to make some extra money.
Simply register for our participant pool which takes a couple of minutes. Once you sign up, you will receive a confirmation email. Do not forget to confirm your registration.
Once you sign up and confirm your registration, you will receive invitation emails from us whenever there is an experiment. In the invitation emails, we will indicate the date, time, and the expected duration for each experimental session. If it works with your schedule, you can then register for the appropriate experimental session to participate. More instructions on this will be provided in the invitation emails.
Experiments take place on a computer. Once you come to our lab to participate in an experimental session, you will be seated at a computer station. You will be provided with a set of instructions that will explain how the experimental game works. Once you read the instructions and understand how the game works, you will start playing the game. We will then determine your earnings based on your decisions in the game.
Usually, students receive their earnings at the end of the session. Depending on the experiment, you may receive your earnings in cash or via payment apps (such as Venmo, Paypal).