ABSTRACT
Your first visit to an economics laboratory may not impress you very much. You will not see a lot of expensive and arcane scientific equipment. You will probably just see a group of young people playing some strange game. The game may resemble some real-world scenario or some theoretical model, but it is unlikely to be a close replica of either. The players may be even less impressive…maybe you recognize some from your photography class and you know they are not exactly hot-shot traders!
