Waikato Experimental Economics Lab (WEEL)
State-of-the-art research facility
WEEL is a state-of-the-art research facility located within Waikato Management School's Economics department at the University of Waikato.
The laboratory is used by behavioral researchers in order to study a wide range of social science topics including environment, social dilemmas, financial markets, decision-making under uncertainty, coordination, strategic interaction, etc…
Earn MONEY by participating in economics experiments! SIGN UP BY CLICKING THIS LINK.
Experiment sessions usually last between 1-3 hours, and have performance-based cash rewards that are paid at the end of the session. As a participant, the average per hour participation payment is $25/hr. This means that a participant may receive a payment that is more than this or possibly less. The actual size of the payment depends upon your decisions, the decisions of others in the experiment, and random variables.
WEEL is available for use by University of Waikato staff and graduate students as well as other outside interested parties. For more information, please contact Dr. Steven Tucker, Director of WEEL.