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Top Events briq Workshop: Structural Analysis of Inequality November 9 – 11
Eröffnungsfeier September 27
briq Summer School in Behavioral Economics July 10 – 14
briq/IZA Workshop: Recent Developments in the Economics of Socio-Emotional Skills May 18 – 19
briq Workshop: Moral Reasoning in Economics March 23 – 24
Short Lecture Series Sandro Ambuehl (University of Toronto) November 13
Ran Spiegler (Tel Aviv University and University College London) October 19
Stefano DellaVigna (UC Berkeley) July 20
Ulrike Malmendier (Haas School of Business and UC Berkeley) July 19
Jonathan de Quidt (Stockholm University) July 3
Phiipp Strack (UC Berkeley) June 27
Paul Heidhues (Heinrich-Heine-Universität Düsseldorf) June 22
David Huffman (University of Pittsburgh) June 20
events 2017
www.briq-institute.org Updated February 2020
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BGSE/briq Applied Micro Workshop Nathan Nunn (Harvard University): Understanding Cultural Persistence and Change December 12
Fabian Dvořák: An experimental measure of conformity and disconformity December 5
Sandro Ambühl (University of Toronto): For They Know Not What They Do: Selection Effects of Incentives When Information Is Costly November 28
Eliana La Ferrara (Università Bocconi): The entertaining way to behavioral change November 21
Imran Rasul (UCL): Tackling Youth Unemployment: Evidence from a Labor Market Experiment in Uganda November 15
Katrine Vellesen Løken (Norges Handelshóyskole): Incarceration, Recidivism and Employment November 7
Emir Kamenica (University of Chicago): Coming apart? Lives of the rich and the poor over time October 21
Ran Spiegler (Tel Aviv University and UCL): The Variable Selection Curse October 17
Jonathan de Quidt (IIES Stockholm): Measuring and Bounding Experimenter Demand July 21
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BGSE/briq Applied Micro Workshop Marta Kozakiewicz (BGSE): Overconfidence and Self-Defeating Learning Jana Hofmeier (BGSE): Image Concerns and the Dynamics of Moral Behavior Christian Zimpelmann (BGSE): Individual Preferences over Risk and Portfolio Choice Mikhail Ananyev (BGSE): Leading-by-Example in Public Goods Game with Heterogeneous Returns July 18
Alexandre Mas (Princeton University): Valuing Alternative Work Arrangements July 7
Benjamin Enke (Harvard University): Kinship Systems, Cooperation and the Evolution of Culture July 6
Lukas Kießling (BGSE): Self-Selected Peers and Their Effects on Individual Performance Axel Wogrolly (BGSE): Dynamic Stock Market Beliefs Thomas Neuber (BGSE): State Institutions and the Evolution of Patience Si Chen (BGSE): Looking at the Bright Side: The Motivation Value of Overconfidence July 4
Gabriella Conti (UCL): Beyond Birthweight: Prenatal Investments and Early Development June 23
Philippe Tobler (Universität Zürich): Neural representation of inequality July 2
Leonardo Bursztyn (University of Chicago): From Extreme to Mainstream: How Social Norms Unravel May 19
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BGSE/briq Applied Micro Workshop Will S. Dobbie (Princeton University): Targeted Debt Relief and the Origins of Financial Distress: Experimental Evidence from Distressed Credit Card Borrowers May 16
Adam Isen (U.S. Department of the Treasury): Parental Resources and Children’s College Attendance: Evidence from Lottery Wins May 12
Camille Landais (LSE): The Value of Unemployment Insurance May 5
Leandro Carvalho (University of Southern California): Education and decision-making quality April 21
Bert Van Landeghem (University of Sheffield): Recent Trends in and Insights from Labour Market Evaluations in Europe April 7
Florian Zimmermann (University of Zurich): The Dynamics of Motivated Beliefs April 4
Maria Micaela Sviatschi (Columbia University): Making a Narco: Childhood Exposure to Illegal Labor Markets and Criminal Life Paths February 7
Guillaume R. Fréchette (New York University): Cooperation in the Finitely Repeated Prisoner’s Dilemma February 3
Leander Heldring (Harvard/Oxford): Violence and the State: Evidence from Rwanda’s ‘Decade of Atrocities January 20
Eve Sihra (Sciences Po): The Cost of Relative Deprivation: Social Subsistence and Malnutrition in India January 19
events 2017
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BGSE/briq Applied Micro Workshop Hans-Joachim Voth (University of Zurich): Killer Incentives: Status Competition and Pilot Performance during World War II January 10
events 2017
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briq Workshop: Structural Analysis of Inequality
briq, Bonn
November 9-11, 2017
(by invitation only)
Organizers: Armin Falk (briq and University of Bonn)
Philipp Eisenhauer (University of Bonn)
Hans-Martin von Gaudecker (University of Bonn)
Program
Thursday, November 9
14:15 – 14:45 Registration
14:45 – 15:00 Welcome
15:00 – 16:30 Michael Keane (University of Oxford)
“Health Shocks and the Evolution of Consumption and Income
over the Life-Cycle”
16:30 – 17:00 Coffee Break
17:00 – 18:30 Hans-Martin von Gaudecker (University of Bonn)
“The Effect of the Affordable Care Act on the Labor Supply, Savings
and Social Security of Older Americans”
18:30 Get Together
Friday, November 10
8:30 – 10:00 Rong Hai (University of Miami)
“A Dynamic Model of Health, Addiction, Education, and Wealth”
10:00 – 10:30 Coffee Break
10:30 – 12:00 Luigi Pistaferri (Stanford University)
“Marriage, Labor Supply and the Social Safety Net”
12:00 – 13:00 Lunch
13:00 – 14:30 Philipp Eisenhauer (University of Bonn)
“Robust Human Capital Investment under Risk and Ambiguity”
14:30 – 15:00 Coffee Break
15:00 – 16:30 Juanna Joensen (University of Chicago)
“Student Aid, Academic Achievement, and Labor Market Behavior”
16:30 – 17:00 Coffee Break
17:00 – 18:30 Chao Fu (University of Wisconsin)
“Structural Estimation of a Model of School Choices:
The Boston Mechanism vs. its Alternatives”
19:30 Dinner
Saturday, November 11
8:30 – 10:00 Oeystein Daljord (University of Chicago)
“Identification of the Discount Factor in Dynamic Discrete Choice Models”
10:00 – 10:30 Coffee Break
10:30 – 12:00 Jerome Adda (Bocconi University)
“The Dynamics of Return Migration, Human Capital Accumulation
and Wage Assimilation”
12:00 – 13:00 Lunch
13:00 – 14:30 Eric French (University College London)
“Industry Dynamics and the Minimum Wage: A Putty-Clay Approach”
14:30 – 15:00 Coffee Break
15:00 – 16:30 Andrew Shephard (University of Pennsylvania)
“Optimal Taxation, Marriage, Home Production and Family Labor Supply”
16:30 – 17:00 Coffee Break
17:00 – 18:30 Petra Todd (University of Pennsylvania)
“Personality Traits, Intra-household Allocation and the Gender Wage Gap”
18:30 Closing (Drinks and Snacks)
program
m
Eröffnungsfeier desbriq – Institute on Behavior & InequalityMittwoch, 27. September 2017
ab 10:30 Eintreffen der Gäste und Empfang
11:00 – 11:20 Begrüßung Dr. Klaus Zumwinkel Präsident der Deutsche Post STIFTUNG
Prof. Dr. Michael Hoch Rektor der Universität Bonn
Prof. Dr. Armin Falk CEO des briq und Professor der Universität Bonn
11:20 – 12:00 Eröffnungsrede Childhood Development and Inequality Prof. James Heckman, Ph.D. University of Chicago, USA
12:00 – 13:00 Roundtable Recent Developments in Research on Inequality and Behavioral Economics Moderation: Prof. Dr. Armin Falk (CEO des briq und Professor der Universität Bonn)
Inequality in Mortality in the US and Canada Prof. Janet Currie, Ph.D. (Princeton University, USA)
Childhood Development and InequalityProf. James Heckman, Ph.D. (University of Chicago, USA)
A Taste of Behavioral Industrial Organization: Naivete-Based Discrimination Prof. Botond Kőszegi, Ph.D. (Central European University, Ungarn)
How Life-Time Experiences Shape Risk Attitudes Prof. Ulrike Malmendier, Ph.D. (University of California, Berkeley, USA)
im Anschluss Buffet und Gelegenheit zum Gespräch mit unseren Forscherinnen und Forschern
Marcus Schinkel Trio Musikalisches Rahmenprogramm
ca. 14:30 Ende der Veranstaltung
www.briq-institute.org
Bitte beachten Sie, dass die Veranstaltung dokumentiert und aufgezeichnet wird. Mit Ihrer Teilnahme erklären Sie sich mit der Veröffentlichung des entstandenen Bildmaterials einverstanden. Weitere Informationen zur Veranstaltung erhalten Sie bei:
Markus Antony, WissenschaftsmanagementE-Mail: [email protected]: +49 (0) 228 / 38 94 702
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Mit dem Auto aus Osten
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Stadtbahnlinien 16, 63, 66 in Richtung Bad Godesberg oder Bad Honnef
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Ausgang „Universitäts- und Landesbibliothek“, 2 Minuten Fußweg
briq Schaumburg-Lippe-Straße 5–9
www.briq-institute.org
Einen Link zur Anmeldung erhalten Sie per E-Mail.
Bitte beachten Sie: Im Umfeld des Instituts stehen keine Parkplätze zur Verfügung.
briq Summer School in Behavioral Economics
briq, Bonn
July 10-14, 2017
Faculty: Roland Bénabou (Princeton University)
Armin Falk (briq and University of Bonn)
Ernst Fehr (University of Zurich)
Botond Kőszegi (Central European University)
George Loewenstein (Carnegie Mellon University)
Ulrike Malmendier (University of California, Berkeley)
Program
Monday, July 10
8:30 – 9:00 Registration
9:00 – 9:15 Welcome
Moral Behavior and Formation of Preferences
Armin Falk (briq and University of Bonn)
9:15 – 10:45 Lecture 1: Generalizability of (Lab) Results
10:45 – 11:15 Coffee Break
11:15 – 12:45 Lecture 2: Malleability of Moral Behavior
12:45 – 13:30 Lunch
13:30 – 15:00 Lecture 3: Preferences and Personality
15:00 – 15:30 Coffee Break
15:30 – 16:30 Sign-Ups: Roland Bénabou, George Loewenstein, Ulrike Malmendier
18:00 Dinner
Tuesday, July 11
Behavioral Corporate Finance
Ulrike Malmendier (University of California, Berkeley)
9:15 – 10:45 Lecture 1: Investor Biases, and the Managerial Response to such Biases in
their Corporate Decisions
10:45 – 11:15 Coffee Break
11:15 – 12:45 Lecture 2: Managerial Biases and the Market’s Response in Terms of
Providing Liquidity for Managerial Decisions
12:45 – 13:30 Lunch
13:30 – 15:00 Lecture 3: Experience Effects and Belief Formation in Behavioral
Macro-Finance
15:00 – 15:30 Coffee Break
15:30 – 16:30 Sign-Ups: Roland Bénabou, Ernst Fehr, George Loewenstein,
Ulrike Malmendier
16:30 Social Event
Wednesday, July 12
How Do Society and Biology Shape the Individual?
Ernst Fehr (University of Zurich)
9:15 – 10:45 Lecture 1: The Weave of Social Life: The Impact of Community Participation
on Preferences, Beliefs, and Reputation
10:45 – 11:15 Coffee Break
11:15 – 12:45 Lecture 2: The Impact of a Nuclear Catastrophe on Economic and Political
Preferences: The Case of Chernobyl
12:45 – 13:30 Lunch
13:30 – 15:00 Lecture 3: The Neural Foundations of Preferences
15:00 – 15:30 Coffee Break
15:30 – 16:30 Sign-Ups: Armin Falk, Ernst Fehr, Botond Kőszegi
Thursday, July 13
Motivated Cognition, Social Beliefs, and Social Norms
Roland Bénabou (Princeton University)
9:15 – 10:45 Lecture 1: The Economics of Motivated Cognition
10:45 – 11:15 Coffee Break
11:15 – 12:45 Lecture 2: Collective Beliefs: Organizations, Markets, and Ideologies
12:45 – 13:30 Lunch
13:30 – 15:00 Lecture 3: Social Norms, Social Beliefs, and Incentives
15:00 – 15:30 Coffee Break
15:30 – 16:30 Sign-Ups: Armin Falk, Botond Kőszegi
18:00 Informal Dinner
Friday, July 14
The Economics of Hidden Prices
Botond Kőszegi (Central European University)
9:15 – 10:45 Lecture 1: The Economics of Hidden Prices I
10:45 – 11:15 Coffee Break
11:15 – 12:45 Lecture 2: The Economics of Hidden Prices II
12:45 – 13:30 Lunch
13:30 – 15:00 Lecture 3: The Economics of Hidden Prices III
15:00 – 15:30 Coffee Break
Farewell
2017/07/06
Lecture Armin Falk
Moral Behavior and Formation of Preferences
I will discuss techniques of experimental economics and illustrate design and methodological
issues in discussing recent topics in behavioral economics. The suggested topics are listed below
and include (1) a brief discussion on potential objections against lab evidence, generalizability and
experimental methods, (2) morality, (3) formation of preferences and personality, (4) measuring
preferences on a global scale; cultural economics and long-term development.
Below you find a list of papers (suggested reading).
1 Generalizability of (Lab) Results
I will briefly discuss the idea of lab experiments; why the discussion about field vs. lab evidence is
misguided; what generalizability implies (and what not); and examine frequently made objections
against lab experiments, illustrated with recent evidence on subject pool effects, stake size and
scrutiny in the domain of social preferences.
Suggested reading:
Davis, D.D., Holt, C.A. (1993), Experimental Economics, Princeton University Press, Princeton, New
Jersey.
Falk, A., Heckman, J. (2009), Lab Experiments Are a Major Source of Knowledge in the Social
Sciences, Science, 326(5952), 535–538.
Falk, A., Meier, S., Zehnder, C. (2013), Do Lab Experiments Misrepresent Social Preferences? The
case of self-selected student samples, Journal of the European Economic Association, 11(4),
839–852.
Camerer, C. (2011), The promise and success of lab-field generalizability in experimental
economics: A critical reply to Levitt and List.
Abeler, J., Nosenzo, D. (2013), Self-selection into Economics Experiments is Driven by Monetary
Rewards, IZA DP, 7374.
Barmettler, F., Fehr, E., Zehnder, C. (2012), Big Experimenter Is Watching You! Anonymity and
Prosocial Behavior in the Laboratory, Games and Economic Behavior, 75(1), 17–34.
Coppock, A., Green, D.P. (2013), Assessing the Correspondence between Experimental Results
Obtained in the Lab and Field: A Review of Recent Social Science Research, Columbia University.
2 Malleability of Moral Behavior
Despite the fact that the public is very concerned with moral issues, and that economics can
contribute much to that debate, economists have been quite reluctant to address the issue. Morality
is the outcome of the interaction of individual conscience together with physical, psychological,
cultural, and institutional determinants. In other words, moral behaviour is malleable and not
determined solely by conscious reasoning guided by moral principles. I will talk about the effects
of institutions (markets and groups) and individual determinants of immoral behavior. Closely
related is a series of papers providing evidence on how circumstances lower people’s willingness
to act prosocially (“wriggle rooms”). In fact, thinking about reasons for moral transgression is, to a
large extent, thinking about how people search for excuses.
Suggested reading:
Bartling, B., Fischbacher, U. (2012), Shifting the Blame: On Delegation and Responsibility, Review
of Economic Studies 79(1), 67-87.
Dana, J., Weber, R. and Kuang, X. (2007), Exploiting ‘moral wriggle room’: Experiments
demonstrating an illusory preference for fairness. Economic Theory, 33(1): 67-80.
Tirole, J., Falk, A. and R. Benabou (2016), Narratives, Imperatives and Moral Reasoning, mimeo.
Falk, A. (2016), Facing Yourself: A Note on Self-Image.
Falk, A. (2016), Status and Moral Disengagement, mimeo.
Falk, A., Szech, N. (2013), Morals and Markets, Science, 340(6133), 707–711.
Falk, A., Szech, N. (2013), Organizations, Diffused Pivotality and Immoral Outcomes, Discussion
Paper, University of Bonn.
Haidt, J., Kesebir, S. (2010), Morality, Handbook of Social Psychology, 5th Edition. Chap. 22. Fiske,
S., Gilbert, D., Lindzey, G. (Eds.). Wiley.
Foot, P. (1967), The Problem of Abortion and the Doctrine of Double Effect, Oxford Review, 5, 5–
15.
Hamman, J., Loewenstein, G., and Weber, R. (2010), Self-interest through delegation: An additional
rationale for the principal-agent relationship. The American Economic Review, 100(4): 1826-
1846.
Haisley, E., Weber, R. (2010), Self-serving interpretations of ambiguity in other-regarding behavior,
Games and Economic Behavior, 68(2): 634-645.
3 Preferences and Personality
Traditionally, economics has explained difference in behavior as a consequence of changes in
incentives, such as prices, for given preferences. In fact, using differences in preferences or
personality were largely discarded as non-explanations (see the famous dictum “de gustibus non
est disputandum”, applied to economics by Stigler and Becker, 1977). In light of the pronounced
heterogeneity in preferences and their obvious importance, this self-imposed restriction seems at
least disputable. In recent years, and partly as a consequence of the progress in measuring
preferences, economists have therefore started to use heterogeneity in personality and preferences
to explain important economic outcomes. This raises important questions about (1) how to
measure preferences and personality, (2) how economic and psychological measures of traits are
related, and (3) how preferences are formed. I will talk about these issues, e.g., about distribution
and consequences of risk preferences and psychological measures such as the Big-5 or Locus of
Control. I will also report new evidence on the relation between economic and psychological
measures. A particularly important question concerns the formation of preferences (not least for
understanding inequality). Early life-circumstances seem to play a particular important role, such
as socio-economic status and parenting style (proxied, e.g., by breastfeeding duration). Ultimately,
we need to run intervention studies to provide causal evidence on the effects of (early) life
circumstances on preferences. In this domain I will discuss recent work on children.
Suggested reading:
Alan, S. and Ertac, S. (2014), Good Things Come to Those Who (Are Taught How to) Wait: Results
from a Randomized Educational Intervention on Time Preference
Alan, S., Boneva, T. and Ertac, S. (2015), Ever Failed, Try Again, Succeed Better: Results from a
Randomized Educational Intervention on Grit.
Borghans, L., Duckworth, A.L., Heckmann, J.J., ter Weel, B. (2008), The Economics and Psychology
of Personality Traits, Journal of Human Resources, 43(4), 972–1059.
Duckworth, A.L., Almlund, M., Kautz, T. (2011), Personality Psychology and Economics, IZA DP,
5500.
Dohmen, T., Falk, A., Huffman, D., Sunde, U. (2011), Individual Risk Attitudes: Measurement,
Determinants, and Behavioral Consequences, Journal of the European Economic Association,
9(3), 522–550.
Dohmen, T., Falk, A., Huffman, D., Sunde, U. (2010), Are Risk Aversion and Impatience Related to
Cognitive Ability? American Economic Review, 100(3), 1238–1260.
Dohmen, T., Falk, A., Huffman, D., Sunde, U. (2012), The Intergenerational Transmission of Risk
and Trust Attitudes, Review of Economic Studies, 79(2), 645–677.
Dohmen, T., Falk, A., Huffman, D., Sunde, U. (2012), Interpreting Time Horizon Effects in Inter-
Temporal Choice, Discussion Paper, University of Bonn.
Falk, A., Kosse, F. (2016), Early Childhood Environment, Breastfeeding and the Formation of
Preferences, HCEO Working Paper No. 2016-036.
Becker, A., Deckers, T. Dohmen, T. Falk, A., Kosse, F. (2012), The Relationship Between Economic
Preferences and Psychological Personality Measures, Annual Review of Economics, 4, 453–
478.
Fehr, E., Bernhard, H., Rockenbach, B. (2008), Egalitarianism in Young Children, Nature, 454, 1079–
1083.
Kosse, F., Deckers, T., Schildberg-Hörisch, Falk, A., The Formation of Prosociality: Causal Evidence
on the Role of Social Environment, mimeo.
Deckers, T., Falk, A., Kosse, F., Schildberg-Hoerisch, H., How Does Parental Socio-Economic Status
Shape a Child’s Personality? mimeo.
Heckman, J., Moon, S. M., Pinto, R., Savelyev, P., Yavitz, A. (2009), The Rate of Return to the
High/Scope Perry Preschool Program, NBER Working Paper No. 15471.
Kocher, M., Rützler, D., Sutter, M., Trautman, S. (2013), Impatience and uncertainty: Experimental
decisions predict adolescents’ field behavior. American Economic Review 103, 510-531.
4 Measuring Preferences at the Global Scale
Suggested reading:
Falk, A., Becker, A., Dohmen, T., Enke B., Huffman, D., Sunde U. (2015), The Nature and Predictive
Power of Preferences: Global Evidence, IZA DP No. 9504.
Becker, A., Enke, B., Falk, A. (2016), The Ancient Origins of the Global Variation in Economic
Preferences.
Falk, A., Becker, A., Dohmen, T., Enke B., Huffman, D., Sunde U. (2015), The Preference Survey
Module: A Validated Instrument for Measuring Risk, Time, and Social Preferences, IZA DP No.
9674.
Lecture Ulrike Malmendier
Behavioral Corporate Finance
Lecture 1 and 2: Behavioral Corporate Finance
Here I would like to give an overview of the field of Behavioral Corporate Finance, and its links to
neighboring fields (Labor, Political Economy, Public, Organizational Economics), emphasizing two
perspectives: (1) Investor biases, and the managerial response to such biases in their corporate
decisions. And (2) Managerial biases and the market’s response in terms of providing liquidity for
managerial decisions.
READINGS:
• Malmendier and Tate, JEP 2016
• Shleifer and VIshny, JFE 2003
• Malmendier and Tate, JFE 2008
Lecture 3: Experience Effects and Belief Formation in Behavioral Macro-Finance
READINGS
• Malmendier and Nagel, “Depression Babies”, QJE 2011
• Malmendier and Nagel “Learning from Inflation Experiences”, QJE 2016
• Malmendier, Nagel, Yan, “The Making of Hawks and Doves”, Working Paper
• Malmendier and Shen, “Scarred Consumption”, Working Paper
• Malmendier and Steiny, “Buy or Rent”, Working Paper
Lecture Ernst Fehr
How do society and biology shape the individual?
Lecture 1: The weave of social life: The impact of community participation on preferences,
beliefs, and reputation
Lecture 2: The impact of a nuclear catastrophe on economic and political preferences: the case
of Chernobyl
Lecture 3: The neural foundations of preferences
Reading list:
Cohn A, Fehr E, and Maréchal MA. Business culture and dishonesty in the banking industry. 2014.
Nature. doi: 10.1038/nature13977
Cohn A, Engelmann J, Fehr E and Maréchal MA. Evidence for countercyclical risk aversion: An
experiment with financial professionals. 2015. American Economic Review. doi:
10.1257/aer.20131314
Hoff K, Kshetramade M, Fehr E. Caste and punishment: The legacy of caste culture in norm
enforcement. 2011. The Economic Journal. doi:10.1111/j.1468-0297-2011-02476.x
Fehr E. and Hoff K. Tastes, castes, and culture: the influence of society on preferences. 2011. The
Economic Journal. doi:10.1111/j.1468-0297.2011.20478x
Ruff CC, Ugazio G., and Fehr E. Changing Social Norm Compliance with Noninvasive Brain
Stimulation. 2013. Science doi:10.1126/science.1241399
Krajbich I, Hare T, Bartling B, Morishima Y, and Fehr E. A common mechanism underlying food
choice and social decisions. 2014 PLOS Computational Biology. doi:
0.137/journal.pcbi.1004371
Kosse F, Deckers T, Schildberg-Hörisch H, and Falk A. The formation of prosociality: causal
evidence on the role of the social environment. 2016. IZA Discussion Paper Series.
Lecture Roland Bénabou
Motivated Cognition, Social Beliefs, and Social Norms
Lecture I: The Economics of Motivated Cognition
R. Bénabou, "The Economics of Motivated Beliefs," Jean-Jacques Laffont Lecture, Revue d'Economie
Politique (2015), 125(5), 665-685.
R. Bénabou and J. Tirole, "Mindful Economics: The Production, Consumption, and Value of Beliefs",
Journal of Economic Perspectives, 30(3), Summer 2016, 141-164.
Benabou, R. and J. Tirole (2002) "Self Confidence and Personal Motivation", Quarterly Journal of
Economics, 117(3), 871-915.
Benoit, J.P. and Dubra, J. (2011) “Apparent Overconfidence,” Econometrica, 79(5), 1591–1625.
Brunnermeier, M. and J. Parker (2005) "Optimal Expectations," American Economic Review, 95(4),
1092-1118.
Camerer, C. and Lovallo, D. (1999) "Overconfidence and Excess Entry: An Experimental Approach,"
American Economic Review, 89, 306-318.
Caplin, A. and Leahy, J. (2001), Psychological Expected Utility Theory and Anticipatory Feelings,
Quarterly Journal of Economics, 116, 55-80.
Cheng, I.-A., Raina, S., and W. Xiong (20140. "Wall Street and the Housing Bubble," American
Economic Review, 104(9): 2797-2829.
Chew, S.H., Wei Huang, and Ziaojian Xiaojian. 2013. “Selective Memory and Motivated Delusion:
Theory and Experiment.” Unpublished paper, National University of Singapore, February.
Di Tella, R. Perez-Truglia, R. Babino, A. and M. Sigman (AER 2015): Conveniently Upset: Avoiding
Altruism by Distorting Beliefs About Others' Altruism," American Economic Review, 105(11):
3416–42.
Eil, D. and Rao, A. (2011) “The Good News-Bad News Effect: Asymmetric Processing of Objective
Information about Yourself”, American Economic Journal Micro.
Ganguly, A., and J. Tasoff (2017) Forthcoming. “Fantasy and Dread: The Demand for Information
and the Consumption Utility of the Future.” Management Science, forthcoming.
Gneezy, Uri, Silvia Saccardo, Marta Serra-Garcia, and Roel van Veldhuizen. 2014. “Motivated Self-
Deception and Unethical Behavior,” mimeo.
Köszegi, B. (2010) “Utility from Anticipation and Personal Equilibrium,” Economic Theory 44(3),
415-444.
Loewenstein, G. (1987) “Anticipation and the the Valuation of Delayed Consumption,” Economic
Journal, 97, 666-684.
Möbius, M.,Niederle, M. Niehaus, P and Rosenblat, T. (2010) “Self-Confidence Management: Theory
and Experimental Evidence”, Stanford University mimeo.
Oster, E., Shoulson, I. and R. Dorsey. 2013. “Optimal Expectations and Limited Medical Testing:
Evidence from Huntington Disease.” American Economic Review, 103(2): 804–830.
Puri, Manju, and David T. Robinson. 2007. “Optimism and Economic Choice.” Journal of Financial
Economics, 86(1): 71–99.
Schwardman, Peter, and Joël van der Weele. (2017) “Deception and Self-Deception” JEEA,
forthcoming.
Sharot T., Korn C. and R. Dolan (2012) "How Unrealistic Optimism is Maintained in the Face of
Reality,” Nature Neuroscience, 14(11): 1475--1479.
Lecture II: Collective Beliefs: Organizations, Markets, and Ideologies
A Organizational and Market Beliefs
Benabou, R. (2013) "Groupthink: Collective Delusions in Organizations and Markets", Review of
Economic Studies.
Benabou, R. and J. Tirole (2002) "Over My Dead Body: Bargaining and the Price of Dignity," with
Jean Tirole, American Economic Review, P&P, 99(2), (2009), 459-465.
Bolton, P. Brunnermeier, M. and Veldkamp, L. (2013) ''Leadership, Coordination, and Corporate
Culture'', Review of Economic Studies (2013) 80, 512–537
Gervais, S. and Goldtsein, I. (2007) “ The Positive Effects of Biased Self-Perceptions in Firms, Review
of Finance,” 11(3), 453-96.
Landier, A., Sraer, D. and D. Thesmar (2009) "Optimal Dissent in Organizations," Review of
Economic Studies, 76(2), 761-794.
Van den Steen, E. (2010) "On the Origins of Shared Beliefs (and Corporate Culture)," Rand Journal
of Economics, 41(4), 617-648.
B Political Beliefs and Ideologies
Alesina, Stantcheva and Teso (WP 2017) "Intergenerational Mobility and Preferences For
Redistribution, NBER WP 23027
Benabou, R. "Ideology," Journal of the European Economic Association, April-May 2008 6(2–3), 321–
352.
Benabou, R. and J. Tirole "Belief in a Just World and Redistributive Politics", Quarterly Journal of
Economics, 121(2), May 2006, 699-746.
Ortoleva, P., and E. Snowberg. 2015a. “Overconfidence in Political Behavior.” American Economic
Review, 105(2): 504–35.
Levy, R. 2014. “Soothing Politics.” Journal of Public Economics, 120: 126-33.
Lecture III: Social Norms, Social Beliefs and Incentives
Acemoglu, D. and M. Jackson (2015) “History, Expectations, and Leadership in the Evolution of
Social Norms,” Review of Economic Studies, 1–34
Ali, N. and R. Benabou (2016) "Image Versus Information: Changing Societal Norms and Optimal
Privacy", NBER Working Paper 22203.
Ariely, D., Bracha, A. and Meier, S. (2009) "Doing Good or Doing Well? Image Motivation and
Monetary Incentives in Behaving Prosocially", American Economic Review, 99(1), 544–555.
Benabou, R. and J. Tirole (2003) "Intrinsic and Extrinsic Motivation," Review of Economic Studies,
70: 489-520.
Benabou, R. and J. Tirole (2006) "Incentives and Prosocial Behavior," American Economic Review,
96(5), 1652-1678.
Benabou, R. and J. Tirole (2011) "Laws and Norms", NBER Working Paper 17579.
Bernheim, D. (1994) “A Theory of Conformity,” Journal of Political Economy, 102: 842-877.
Besley, T., Jensen, A. and T. Persson (2014) “Norms, Enforcement, and Tax Evasion”, mimeo.
Dana, J., Weber, R. and J. Kuang (2007) “Exploiting Moral Wriggle Room: Experiments
Demonstrating an Illusory Preference for Fairness,” Economic Theory, 33(1), 67-80.
Della Vigna, S., List, J. and U. Malmendier (2012) “Testing for Altruism and Social Pressure in
Charitable Giving”, Quarterly Journal of Economics, 127, 1, 1-56.
Ellingsen, T., and Johannesson, M. (2008) “Pride and Prejudice: The Human Side of Incentive
Theory”, American Economic Review, 98(3), 990-1008.
Galbiati, R., K. Schlag and J. Van Der Weele (2013) “Sanctions That Signal: an Experiment,” Journal
of Economic Behavior and Organization, 94: 34-51.
Jia, R. and T. Persson (2015) “Ethnicity in Children and Mixed Marriages: Theory and Evidence from
China,” UCSD mimeo.
Lacetera, N., Macis, M. and R. Slonim (2013) “Economic Rewards to Motivate Blood Donations”.
Lecture Botond Kőszegi
The Economics of Hidden Prices
Rough outline of the lecture:
1. Motivation and a Little Bit of Evidence.
2. Basic Model of Consumers’ Misunderstanding of Prices.
a. Foundations and Framework.
b. Benchmark: Safety in Markets.
c. Distributional Effects.
d. Distortions.
e. Naivete-Based Discrimination.
3. Manipulating Consumer Mistakes.
a. Educating and Confusing.
b. Attention.
4. Deriving Mistakes from Primitives
a. Reduced-Form versus Structured Modeling.
b. Credit Contracts with Hyperbolic Discounting.
c. Contracting with Overconfident Consumers.
5. Policy with Consumer Mistakes.
a. The Inadequacy of Market Solutions.
b. Soft Paternalism and Consumer Education.
c. Regulating Contracts and Firm Conduct.
Readinglist:
There are no readings that are required ahead of time, although the lectures will presume familiarity
with basic behavioral-economics models, especially hyperbolic discounting, loss aversion, and
overconfidence. Below is a partial list of papers that the lectures will draw upon. My suggestion is
to think of this as a reference list for following up on topics that piqued your interest during the
lectures. Feel free to ask for suggestions on specific readings from the list, and on further readings.
Agarwal, Sumit, Souphala Chomsisengphet, Neale Mahoney, and Johannes Stroebel, “Regulating
Consumer Financial Products: Evidence from Credit Cards,” Quarterly Journal of Economics,
2015, 130 (1), 111–164. Previously NBER Working Paper #19484.
Armstrong, Mark and John Vickers, “Consumer Protection and Contingent Charges,” Journal of
Economic Literature, 2012, 50 (2), 477–493.
Armstrong, Mark, John Vickers and Jidong Zhou, “Consumer Protection and the Incentive to Become
Informed,” Journal of the European Economic Association, 2009, 7 (2-3), 399–410.
Ausubel, Lawrence M., “The Failure of Competition in the Credit Card Market,” American
Economic Review, 1991, 81 (1), 50–81.
Bar-Gill, Oren and Franco Ferrari, “Informing Consumers about Themselves,” Erasmus Law Review,
2010, 3 (2), 93–119.
Bar-Gill, Oren and Ryan Bubb, “Credit Card Pricing: The CARD Act and Beyond,” Cornell Law Review,
2012, 97.
Camerer, Colin, Samuel Issacharoff, George Loewenstein, Ted O’Donoghue and Matthew Rabin,
“Regulation for Conservatives: Behavioral Economics and the Case for ‘Asymmetric
Paternalism’,” University of Pennsylvania Law Review, 2003, 151 (3), 1211–1254.
Carlin, Bruce I., “Strategic price complexity in retail financial markets,” Journal of Financial
Economics, 2009, 91 (3), 278–287.
Chioveanu, Ioana and Jidong Zhou, “Price Competition with Consumer Confusion,” Management
Science, 2013, 59 (11), 2450–2469.
De Clippel, Geoffroy, Kfir Eliaz, and Kareen Rozen, “Competing for Consumer Inattention,” Journal
of Political Economy, 2014, 122 (6), 1203–1234.
DellaVigna, Stefano and Ulrike Malmendier, “Contract Design and Self-Control: Theory and
Evidence,” Quarterly Journal of Economics, 2004, 119 (2), 353–402.
Duarte, Fabian and Justine S. Hastings, “Fettered Consumers and Sophisticated Firms: Evidence
from Mexico’s Privatized Social Security Market,” 2012. NBER Working Paper #18582.
Eliaz, Kfir and Ran Spiegler, “Contracting with Diversely Naive Agents,” Review of Economic Studies,
2006, 73 (3), 689–714.
Ellison, Glenn and Sara Fisher Ellison, “Search, Obfuscation, and Price Elasticities on the Internet,”
Econometrica, 2009, 77 (2), 427–452.
Gabaix, Xavier and David Laibson, “Shrouded Attributes, Consumer Myopia, and Information
Suppression in Competitive Markets,” Quarterly Journal of Economics, 2006, 121 (2), 505–540.
Grubb, Michael D., “Selling to Overconfident Consumers,” American Economic Review, 2009, 99
(5), 1770–1805.
Grubb, Michael D., “Consumer Inattention and Bill-Shock Regulation,”Review of Economic Studies,
2015, 82 (1), 219–257.
Heidhues, Paul and Botond Kőszegi, “Exploiting Naivete about Self-Control in the Credit
Market,” American Economic Review, 2010, 100 (5), 2279–2303.
Heidhues, Paul and Botond Kőszegi, “Naivete-Based Discrimination,” Quarterly Journal of
Economics, 2017, forthcoming.
Heidhues, Paul and Botond Kőszegi and Takeshi Murooka, “Exploitative Innovation,” American
Economic Journal: Microconomics, 2016, 8 (1), 1–23.
Heidhues, Paul and Botond Kőszegi and Takeshi Murooka, “Inferior Products and Profitable
Deception,” Review of Economic Studies, 2017, 84 (1), 323–356.
Heidhues, Paul, Johannes Johnen, and Botond Kőszegi, “Browsing versus Studying Offers,” 2017.
Working Paper.
Johnen, Johannes, “Dynamic Competition in Markets for Deceptive Products,” 2016. Working Paper,
ESMT.
Kamenica, Emir, Sendhil Mullainathan, and Richard Thaler, “Helping Consumers Know Themselves,”
American Economic Review, 2011, 101 (3), 417–22.
Laibson, David I. and Leeat Yariv, “Safety in Markets: An Impossibility Theorem for Dutch Books,”
2007. Working Paper, Caltech.
Murooka, Takeshi, “Deception under Competitive Intermediation,” 2013. Working Paper.
Piccione, Michele and Ran Spiegler, “Price Competition under Limited Comparability,” Quarterly
Journal of Economics, 2012, 127 (1), 197–135.
Ru, Hong and Antoinette Schoar, “Do Credit Card Companies Screen for Behavioral Biases?,” 2016.
Working Paper.
Sandroni, Alvaro and Francesco Squintani, “Overconfidence, Insurance, and Paternalism,” American
Economic Review, 2007, 97 (5), 1994–2004.
Shapiro, Carl, “Aftermarkets and Consumer Welfare: Making Sense of Kodak,” Antitrust Law Journal,
1995, 63 (2), 483–511.
Spiegler, Ran, “Choice Complexity and Market Competition,” Annual Review of Economics,
forthcoming.
Thaler, Richard H. and Cass R. Sunstein, “Libertarian Paternalism,” American Economic Review,
2003, 93 (2), 175–179.
Thaler, Richard H. and Shlomo Benartzi, “Save More Tomorrow: Using Behavioral Economics to
Increase Employee Saving,” Journal of Political Economy, 2004,112 (1), S164–S187.
Warren, Patrick L. and Daniel H. Wood, “The Political Economy of Regulation in Markets with Naïve
Consumers,” Journal of the European Economic Association, 2014, 12 (6), 1617–1642.
Joint briq/IZA Workshop: Recent Developments in the Economics of Socio-emotional Skills
briq, Bonn May 18–19, 2017
Organizers: Armin Falk (briq, University of Bonn and IZA)
Ulf Zölitz (briq and IZA)
Program
+++ presentation: 40 minutes +++ floor discussion: 5 minutes +++ Thursday, May 18 8:30 – 9:20 Registration 9:20 – 9:30 Opening Remarks
Armin Falk (briq, University of Bonn and IZA) Session A 9:30 – 10:15 Sule Alan (University of Essex), Seda Ertac (Koc University) "Belief in Hard Work and Altruism: Evidence from a Randomized Field
Experiment" 10:15 – 11:00 Victoria L. Prowse (Purdue University and IZA), Damon Clark (University of
California, Irvine and IZA), David Gill (Purdue University and IZA), Mark Rush (University of Florida)
"Using Goals to Motivate College Students: Theory and Evidence from Field Experiments"
11:00 – 11:45 Omar Arias (World Bank), Brent Roberts (University of Illinois at Urbana-
Champaign), Pablo Ibarrarán (Inter-American Development Bank and IZA), Laura Ripani (Inter-American Development Bank), David Rosas Shady (Inter-American Development Bank)
"Measuring the Long-term Impacts of Youth Training on Socio-emotional Skills: Experimental Evidence from the Juventud y Empleo Program"
11:45 – 13:15 Lunch
Session B 13:15 – 14:00 Orla Doyle (University College Dublin)
"The First 2,000 Days and Children’s Cognitive and Socio-emotional Skills: Evidence from a Randomized Experiment of Home Visiting"
14:00 – 14:45 Victoria Baranov (University of Melbourne), Sonia R. Bhalotra (University of
Essex and IZA), Pietro Biroli (University of Zurich and IZA), Joanna Maselko (University of North Carolina) "Maternal Depression, Parenting Behaviors and Child Development: Evidence from a Randomized Control Trial"
14:45 – 15:15 Coffee Break Session C 15:15 – 16:00 Judith Saurer (CESifo), Christina Felfe (University of St. Gallen), Martin Kocher
(University of Munich), Helmut Rainer (University of Munich), Thomas Siedler (University of Hamburg and IZA) "Immigration, Naturalization, and Discrimination: Combining a Natural Experiment with a Large-scale Trust Experiment in Schools"
16:00 – 16:45 Bart H.H. Golsteyn (Maastricht University and IZA), Ulf Zölitz (briq), Arjan Non
(Maastricht University) "The Impact of Peer Personality on Educational Achievement"
17:00 – 21:30 Social Program and Dinner Friday, May 19 Session D 9:15 – 10:00 Henry E. Siu (University of British Columbia), Guido Matias Cortes (University
of Manchester), Nir Jaimovich (University of Southern California) "The “End of Men” and Rise of Women in the High-skilled Labor Market" 10:00 – 10:45 Tuomas Pekkarinen (VATT, Helsinki and IZA), Markus Jokela (University of
Helsinki), Matti Sarvimäki (Aalto University), Marko Terviö (Aalto University), Roope Uusitalo (University of Jyväskylä and IZA) "Secular Rise in Economically Valuable Personality Traits"
10:45 – 11:15 Coffee Break Session D continued 11:15 – 12:00 Krzysztof Karbownik (Northwestern University), David Autor (MIT and IZA),
David N. Figlio (Northwestern University and IZA), Jeffrey Roth (University of Florida), Melanie Wasserman (MIT)
"Family Disadvantage and the Gender Gap in Behavioral and Educational Outcomes"
12:00 – 13:30 Lunch Session E 13:30 – 14:15 Katja Maria Kaufmann (University of Mannheim and IZA), Matthias Messner
(University of Cologne) "Birth Order Differences in Personality Traits: Existence, Origins and Long-
run Consequences" 14:15 – 15:00 Sarah Flèche (CEP, London School of Economics) "Teacher Quality, Test Scores, Non-cognitive Skills: Evidence from Primary
School Teachers in the UK" 15:00 – 15:45 Theodora Boneva (University College London and IZA), Christopher Rauh
(University of Cambridge) "Motives for Educational Attainment" 15:45 – 16:15 Coffee Break Session F 16:15 – 17:00 Miriam Gensowski (University of Copenhagen and IZA), Steven G. Ludeke
(University of Southern Denmark), Oliver P. John (University of California, Berkeley), Simon Calmar Andersen (Aarhus University)
"The Development of Academic Under-Confidence – A National Assessment of Children and Adolescents"
17:00 – 17:45 Pia Pinger (University of Bonn, briq and IZA) "Take Me On Your Shoulders! The Effect of Mentoring on Child Education
Outcomes"
briq Workshop: Moral Reasoning in Economics
briq, Bonn
March 23-24, 2017
Organizers: Armin Falk (briq, University of Bonn and IZA)
Roland Bénabou (Princeton University and IZA)
Jean Tirole (Toulouse School of Economics)
Program
Thursday, March 23
8:30 – 9:00 Registration
9:00 – 9:30 Introduction
Armin Falk (briq, University of Bonn and IZA)
Session A: Motivated Reasoning
9:30 – 10:15 Christine L. Exley (Harvard Business School), Judd B. Kessler (University of
Pennsylvania)
“Why Information Fails to Encourage Costly Behavior”
10:15 – 11:00 George Loewenstein (Carnegie Mellon University), Alex Imas (Carnegie Mellon
University), Carey Morewedge (Boston University)
“Psychological Money Laundering”
11:00 – 11:15 Coffee Break
11:15 – 12:00 Karine Nyborg (University of Oslo and IZA), Jo Thori Lind (University of Oslo),
Anna Pauls (University of Oslo)
"Save the Planet or Close Your Eyes? Testing Strategic Ignorance in a Charity
Context”
12:00 – 12:45 Sandro Ambuehl (University of Toronto), Axel Ockenfels (University of
Cologne)
"An Offer You Can’t Refuse? Incentives Change What We Believe”
12:45 – 14:00 Lunch
Session B: Image Concerns
14:00 – 14:45 Jean Tirole (Toulouse School of Economics)
"Narratives, Imperatives and Moral Reasoning"
14:45 – 15:30 Johannes Abeler (University of Oxford and IZA), Daniele Nosenzo (University
of Nottingham), Collin Raymond (Amherst College)
"Preferences for Truth-Telling"
15:30 – 15:45 Coffee Break
15:45 – 16:30 Paul Seabright (Toulouse School of Economics)
"Religion and Respect for Norms: Evidence from Haiti"
16:30 – 17:15 Monica Capra (Claremont Graduate University), Gregory Berns (Emory
University), Emily Bell (Emory University), Michael Prietula (Emory University),
Brittany Anderson (Emory University), Jeremy Ginges (University of Michigan
at Ann Arbor), Scott Atran (University of Michigan at Ann Arbor)
"The Price of Your Soul: Neural Evidence for the Non-utilitarian
Representation of Sacred Values"
17:15 – 18:00 Uri Gneezy (University of California, San Diego), Agne Kajackaite (University
of California, San Diego), Joel Sobel (University of California, San Diego)
“Lying Aversion and the Size of the Lie"
18:30 Dinner at “Hotel Königshof”, Adenauerallee 9
Friday, March 24
Session C: Institutions and Morality
9:00 – 9:45 James Konow (Loyola Marymount University), Olof Johansson-Stenman
(University of Gothenburg), Peter Martinsson (University of Gothenburg),
Haileselassie Medhin (University of Gothenburg)
"The Just World Hypothesis: Theory and a Natural Field Experiment"
9:45 – 10:30 Alvaro Sandroni (Northwestern University), Leo Katz (University of
Pennsylvania)
"The Inevitability and Ubiquity of Cycling in all Feasible Legal Regimes:
A Formal Proof"
10:30 – 11:15 Jörgen Weibull (Stockholm School of Economics), Ingela Alger (Toulouse
School of Economics)
"Morality: Evolutionary Foundations and Policy Implications"
11:15 – 11:30 Coffee Break
11:30 – 12:15 Nicola Lacetera (University of Toronto), Julio J. Elias (Universidad del CEMA),
Mario Marcis (Johns Hopkins University)
"Efficiency-Morality Trade-offs in Repugnant Transactions:
A Choice Experiment"
12:15 – 13:00 Daniel Chen (Toulouse School of Economics)
"The Impact of Economics on Moral Decision Making and Legal Thought"
13:00 – 13:45 Lunch
Session D: Moral Tradeoffs in the Lab and the Field
13:45 – 14:30 Roberto Weber (University of Zurich), Björn Bartling (University of Zurich),
Vanessa Valero (University of Zurich), Lan Yao (Shanghai University of Finance
and Economics)
"Market Social Responsibility and Public Discourse with and without the Veil
of Ignorance"
14:30 – 15:15 Molly Crocket (University of Oxford), Zeb Kurth-Nelson (University College
London), Jenifer Z. Siegel (University College London), Peter Dayan (University
College London), Raymond J. Dolan (University College London)
"Harm to Others Outweighs Harm to Self in Moral Decision Making"
15:15 – 15:30 Coffee Break
15:30 – 16:15 Armin Falk (briq, University of Bonn and IZA), Thomas Graeber (Bonn
Graduate School of Economics)
"Moral Reasoning and Happiness"
16:15 – 17:00 Leonardo Burzstyn (University of Chicago), Stefano Fiorin (University of
California, Los Angeles), Daniel Gottlieb (Washington University, St. Louis),
Martin Kanz (World Bank)
"Moral Incentives in Credit Card Debt Repayment: Evidence from a Field
Experiment"
17:00 – 17:15 Farewell
Armin Falk (briq, University of Bonn and IZA)
Roland Bénabou (Princeton University and IZA)
Jean Tirole (Toulouse School of Economics)
3/21/2017
short lecture seriesThe briq Short Lecture Series comprises up to three lectures of 90 minutes each, held consecutively on a single day by top-level researchers in the fields of behavioral economics and the sources of inequality.
www.briq-institute.org
Monday, November 13th, 2017
12:00 –13:30 Information and the quality of economic decision making I LECTURE 1 The ethics and economics of incentives
14:30 –16:00 Information and the quality of economic decision making IILECTURE 2 How to measure and promote good personal financial decision making
briq | Conference Room Schaumburg-Lippe-Straße 5–9, Bonn
Sandro AmbuehlAssistant Professor, Department of Management UTSC and Rotman School of Management, University of Toronto
short lecture seriesThe briq Short Lecture Series comprises three lectures of 90 minutes each, held consecutively on a single day by top-level researchers in the fields of behavioral economics and the sources of inequality.
www.briq-institute.org
Thursday, October 19th, 2017 Behavioral Implications of Causal Misperceptions
10:00 –11:30 Subjective causal models LECTURE 1
14:00 –15:30 Individual decision making LECTURE 2
16:00 –17:30 Interactive decision makingLECTURE 3
briq | Conference Room Schaumburg-Lippe-Straße 5–9, Bonn
Ran SpieglerProfessor of Economics, Tel Aviv University and University College London
short lecture seriesThe briq Short Lecture Series comprises three lectures of 90 minutes each, held consecutively on a single day by top-level researchers in the fields of behavioral economics and the sources of inequality.
www.briq-institute.org
Thursday, July 20th, 2017
14:00 –15:15 Your Experimental Results Would Change if...? LecTure 1 Forecasts and Evidence Design presentation (with Devin Pope)
15:30 –16:45 Structural Behavioral EconomicsLecTure 2 chapter in preparation for 1st Handbook of Behavioral economics
17:00 –18:15 Within-Chain Price Rigidity in US Retail LecTure 3 (with Matthew Gentzkow)
briq | conference room Schaumburg-Lippe-Straße 5–9, Bonn
Stefano DellaVignaProfessor of economics and Professor of Business Administration, uc Berkeley
short lecture seriesThe briq Short Lecture Series comprises three lectures of 90 minutes each, held consecutively on a single day by top-level researchers in the fields of behavioral economics and the sources of inequality.
www.briq-institute.org
Wednesday, July 19th, 2017
14:00 –15:15 Managerial Duties and Managerial BiasesLecTure 1
15:30 –16:45 M&A Negotiations and Lawyer ExpertiseLecTure 2
17:00 –18:15 Long-term Effects of Growing Up under Communism LecTure 3 Financial risk-Taking in east versus West Germany
briq | conference room Schaumburg-Lippe-Straße 5–9, Bonn
Ulrike MalmendierProfessor of Finance, Haas School of Business Professor of economics, uc Berkeley
short lecture seriesThe briq Short Lecture Series comprises three lectures of 90 minutes each, held consecutively on a single day by top-level researchers in the fields of behavioral economics and the sources of inequality.
www.briq-institute.org
Monday, July 3rd, 2017
14:00 –15:30 Measuring and Bounding Experimenter DemandLecTure 1
15:45 –17:15 Implicit Preferences Inferred from ChoiceLecTure 2
17:30 –19:00 (TBC) Willingness-to-Pay and MisallocationLecTure 3
briq | conference room Schaumburg-Lippe-Straße 5–9, Bonn
Jonathan de QuidtAssistant Professor, Institute for International economic Studies, Stockholm university
short lecture seriesThe briq Short Lecture Series comprises three lectures of 90 minutes each, held consecutively on a single day by top-level researchers in the fields of behavioral economics and the sources of inequality.
www.briq-institute.org
Tuesday, June 27th, 2017
08:30 –10:00 Turning Up the Heat: LecTure 1 The Demoralizing Effect of Competition in Contests
Dawei Fang, Thomas Noe, Philipp Strack
10:15 –11:45 The Speed of Social LearningLecTure 2 Matan Harel, Elchanan Mossel, Philipp Strack, Omer Tamuz
13:30 –15:00 Unrealistic Expectations and Misguided LearningLecTure 3 Paul Heidhues, Botond Köszegi, Philipp Strack
briq | conference room Schaumburg-Lippe-Straße 5–9, Bonn
Philipp StrackAssistant Professor of economics, uc Berkeley
short lecture seriesThe briq Short Lecture Series comprises three lectures of 90 minutes each, held consecutively on a single day by top-level researchers in the fields of behavioral economics and the sources of inequality.
www.briq-institute.org
Thursday, June 22nd, 2017
14:00 –15:30 Behavioral Industrial Organization:LECTURE 1 Some Implications of Consumer Mistakes I
15:45 –17:15 Behavioral Industrial Organization:LECTURE 2 Some Implications of Consumer Mistakes II
17:30 –19:00 Seminar „Browsing versus Studying Offers“LECTURE 3
briq | Conference Room Schaumburg-Lippe-Straße 5–9, Bonn
Paul HeidhuesProfessor of Behavioral and Competition Economics,Düsseldorf Institute for Competition Economics (DICE),Heinrich-Heine-Universität Düsseldorf
short lecture seriesThe briq Short Lecture Series comprises three lectures of 90 minutes each, held consecutively on a single day by top-level researchers in the fields of behavioral economics and the sources of inequality.
www.briq-institute.org
Tuesday, June 20th, 2017
14:00 –15:30 Intrinsic Motivation and Incentives LecTure 1
15:45 –17:15 The Causal Effect of Trust LecTure 2 in Principal Agent Relationships
17:30 –19:00 Overconfidence in the WorkplaceLecTure 3
briq | conference room Schaumburg-Lippe-Straße 5–9, Bonn
David HuffmanProfessor of economics, university of Pittsburgh
