Experimental economics undergrads
Photos by Katie Peikes and submitted by UD Center for Experimental and Applied Economics October 03, 2024
Undergraduate students reflect on UD Center for Experimental and Applied Economics research experience
Undergraduate students gain valuable experience from assisting faculty research. Faculty and other administrators also make gains from the research support undergraduate students provide.
That’s the take-home message of a new research paper by University of Delaware researchers in the Department of Applied Economics and Statistics.
The paper, published in the journal Applied Economics Teaching Resources, explores the symbiotic relationship of having undergraduate students work on experimental economics research. The authors, UD’s Kent Messer, Leah Palm-Forster, master’s student Carl Nelson-Poteet, and Lusi Xie, who completed her postdoctoral research at UD in 2023, highlight numerous successes and challenges of involving undergraduate students in experimental and economics research. They also lay out 10 recommendations for how agricultural and applied economics researchers can design enriching experiences for undergraduate researchers.
The Center for Experimental and Applied Economics is a UD research powerhouse that conducts a plethora of evidence-based research that informs agricultural and environmental policy.
The center was founded in 2007 and has supported more than 70 undergraduate researchers who have taken on numerous research responsibilities, from designing economic experiments to collecting research data. CEAE has even provided high school students with volunteer and internship opportunities to further their interest and help grow the talent pool of people pursuing economics careers.
The team surveyed 35 alumni who worked with the center in undergraduate research positions from 2010 to 2023, about their perspectives on their experiences at the center. All survey respondents said they gained a better understanding of how research works. The majority said they were happy with their CEAE experience (91 percent), and said it helped improve their decision-making skills (94 percent), problem-solving abilities (91 percent) and knowledge of expectations in a work environment (91 percent). Most (74 percent) said their experience with CEAE helped them improve their ability to summarize scientific results and findings.
“It was surprising to me how near consensus the responses were for so many of the questions about gaining skills and satisfaction,” said Nelson-Poteet, a research assistant at the CEAE who is pursuing a master’s degree in water science and policy. “So this shows me that at least in our Center, undergraduate research is a positive for the students, especially because you get paid on top of all the gained skills and experiences.”
Nelson-Poteet was once himself an undergraduate assistant for CEAE. He started there more than three years ago and worked his way up to research assistant.
“Everything I know about research, I know because of my work at the center as an undergrad,” Nelson-Poteet said. “A lot of the survey’s respondents reported research growth and growth in professional skills like decision-making and independence. I certainly felt that, too.”
The research paper came about from the UD researchers responding to a call from the journal Applied Economics Teaching Resources looking for studies for a special issue about working with undergraduate student researchers.
“In economics programs, there’s often the sense that undergraduates don’t know enough to be able to contribute to research, when, in fact, that’s not true,” said Leah Palm-Forster, an associate professor of applied economics and the center’s director. “There's a lot of different things they can do to contribute to research and to be learning and gaining research skills themselves.”
UD’s CEAE, in particular, is somewhat of an anomaly. The center not only serves as a space for research and experiments, but it’s also an effective space for mentorships, with a large number of faculty specifically dedicated to working on experimental and applied economics with an environmental focus.
“Not many universities have a Center like we have here at UD,” said Kent Messer, the S. Hallock du Pont professor of applied economics. “We have the largest number of faculty in the world focused on applying experimental economics to agricultural and environmental topics.”
The researchers say there are several advantages to working with undergraduate research assistants in an environment like the CEAE. Students take away certain qualities like problem-solving and critical thinking, as well as academic success. Hiring undergraduates is often more cost-effective compared to hiring graduate researchers. It also gives faculty extra hands to help extend the reach of their projects.
But there are also several challenges. Undergraduate research assistants need more training and close supervision, and that training is often recurring as undergraduate students cycle through the center. There is also constant turnover and thus, constant recruitment. And students may come in with unrealistic expectations of what’s expected of them versus the reality of what they actually do.
“Sometimes a student that gets excited about doing undergraduate research has a vision that they’re going to come in and be the researcher, collect data, analyze it and write a paper,” Palm-Forster said. “That is a wonderful goal, but it takes years to accomplish and is not going to be accomplished in a summer internship or a semester.”
Messer added, “One of the realities most undergraduate students take away is ‘by gosh, these research projects take a long time’.”
The researchers made ten recommendations for other institutions to create research programs that allow undergraduate students to thrive.
Among the recommendations, the researchers advise institutions to develop a volunteer program that will ultimately feed into their talent pool. They also recommend paying above-market wages, recruiting students from various majors and diverse backgrounds, and implementing a mentorship program.
Nelson-Poteet also has some advice for undergraduate students who are interested in research opportunities.
“Try it out,” Nelson-Poteet said. “Whether it's applied economics or not, engaging in research is a great opportunity for undergraduates.”
The paper, Dare to Experiment: The Synergistic Relationship Between Undergraduate Research and Experimental Economics, is authored by Carl Nelson-Poteet , Lusi Xie, Kent D. Messer, and Leah H. Palm-Forster. The research is supported by the U.S. Department of Agriculture's National Institute of Food and Agriculture. (CBEAR #2019-67023-29854), NSF (Project WiCCED #1757353), and the S. Hallock du Pont Endowment. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and should not be construed to represent any official USDA or U.S. Government determination or policy.
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