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Ostfalia Laboratory for Experimental Economic Research (OLEW)

The Ostfalia Laboratory for Experimental Economic Research (OLEW) was opened in the summer semester of 2015 and has twelve places. Since then, several behavioural economics experiments have already been successfully conducted. In these experiments, economic decision-making situations are simulated with the test subjects in a controlled environment in order to test and further develop existing economic theories about the decision-making behaviour of individuals.

Very cool! Very strong! Very interesting to have done this. - Tim, 26, student at the Faculty of Business

Where is the experimental laboratory located?

The Ostfalia Laboratory for Experimental Economic Research (OLEW) is located in room C-130 on the Wolfsburg campus of the Ostfalia University of Applied Sciences. The address is: Robert-Koch-Platz 8a, 38440 Wolfsburg.

Who can take part in experiments?

Students at Ostfalia University of Applied Sciences can take part in the experiments. No preparation or prior knowledge is required to take part.

How do I register for the experiments?

Registration takes place exclusively via Stud.IP. Please register there in the group "Economic experiments at the Wolfsburg site". Invitations to the respective experiments will only be sent to the group members.

How long does an experiment take?

The duration of an experiment varies from experiment to experiment. As a rule, it is between 20 and a maximum of 60 minutes. The expected duration is stated for each experiment in the invitation email.

Why should you take part in experiments?

On the one hand, participation actively supports research at the Faculty of Business. On the other hand, participation in the experiments is remunerated on a performance-related basis. This performance-related remuneration is usually (depending on the duration of the respective experiment) between 10 and 20 euros per participant and experiment. Payment is usually made in cash directly after the end of the experiment.

Contact the OLEW

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