Russell Sage Foundation Summer Institute in Behavioral Economics
Since 1994, the Russell Sage Foundation sponsors the Summer Institute in Behavioral Economics every other year. In recent years, the summer institute has been organized by David Laibson and Matthew Rabin (Harvard University) and held in Waterville Valley, New Hampshire. The most recent summer institute (July 2022) was held in Cambridge, Massachusetts.
The purpose of this program is to introduce graduate students and beginning faculty in economics and related disciplines to the findings and methods of behavioral economics—the application of psychological theory and research to economics. The program includes topics on psychological foundations such as decision-making under risk and uncertainty, intertemporal choice, biases in judgment, mental accounting, and social preferences, as well as the implications of these foundations for savings behavior, labor markets, development economics, finance, public policy, and other economic topics.
Previous Behavioral Camp Information
2022 Camp Schedule
Russell Sage Foundation
14th Summer Institute in Behavioral Economics
Cambridge, Massachusetts, July 6-17, 202
Organizing Faculty: David Laibson and Matthew Rabin
Thursday, July 7:
| 09.30 - 10.45 | David: Welcome, Intro, & Methods in Behavioral Economics |
| 11.15 - 12.30 | Matthew: Normal-Science Behavioral, & Camp Organization (one PDF for all 7/7 sessions) |
| 14.00 - 15.15 | Matthew: Utility, Beliefs, and Choice |
| 15.45 - 17.00 | Matthew: Prospect Theory & Reference-Dependent Risk Attitudes |
Friday, July 8:
| 09.30 - 10.45 | Stefano: Behavioral Labor Economics |
| 11.15 - 12.30 | Matthew: News Utility and Other Belief-Based Utility |
| 14.00 - 15.15 | Stefano: Transparency and Reliability of Behavioral Research |
| 15.30 - 18.00 | Meetings: Matthew, David, Stefano |
Saturday, July 9:
| 09.30 - 10.45 | George: Fragile Self-Esteem |
| 11.15 - 12.30 | Richard: Behavioral Economics in Broader Perspective |
| 14.00 - 15.15 | Matthew: Social Preferences and Self-Image |
| 15.45 - 17.00 | Matthew: Introduction to Limited Rationality |
| 17.15 - 18.15 | Group Office Hours/Q&A with Richard |
Sunday, July 10:
| 09.30 - 10.45 | George: Misunderstanding Our Own Preferences |
| 11.15 - 12.30 | Frank: Drink, Sleep, and be Happy |
| 14.00 - 15.15 | Matthew: Modeling Misprediction of Preferences |
| 15.30 - 18.00 |
Meetings: George, Frank, David, Matthew |
Monday, July 11:
| 09.30 - 10.45 | David: Introduction to Intertemporal Choice |
| 11.15 - 12.30 | David: Dynamic Programming with Present Bias in Discrete Time |
| TBA | Group Office Hours, Walk with Matthew (and maybe others) |
Tuesday, July 12:
| 09.30 - 10.45 | Lise: Gender in Economics |
| 11.15 - 12.30 | David: Dynamic Programming with Present Bias in Continuous Time |
| 14.00 - 15.15 | David: Measuring Time Preference |
| 15.45 - 17.00 | Stefanie: Social Preferences: Theory and Empirical Evidence |
| 17.00 - 18.30 | Meetings: Stefanie, Matthew, David, Lise |
Wednesday, July 13:
| 09.30 - 10.45 | Matthew: Errors in Probabilistic Thinking (for both AM sessions) |
| 11.15 - 12.30 | Matthew: Attention and Cognition |
| TBA | Walk with Matthew (and maybe others) |
Thursday, July 14:
| 09.30 - 10.45 | Ulrike: Experience and Beliefs |
| 11.15 - 12.30 | David: Behavioral Household Finance |
| 14.00 - 15.15 | Frank: Behavioral Development Economics |
| 15.45 - 17.00 | Ulrike: Behavioral Corporate Finance |
| 17.00 - 18.30 | Meetings: Ulrike, David, Matthew, Frank |
Friday, July 15:
| 09.30 - 10.45 | David: Choice Architecture |
| 11.15 - 12.30 | David: Behavioral Mechanism Design and Paternalism |
| 14.00 - 15.15 | Raj: Reducing Inequality with Behavioral-Economic Tools |
| 15.45 - 17.00 | Q&A/Roundtable with Raj and David |
| 17.00 - 18.30 | Meetings: Ulrike, David, Matthew |
Saturday, July 16:
| 09.30 - 10.45 | Matthew: Social Information and Social Inference |
| 11.15 - 12.30 | David: Going Forth and Doing Research |
| 14.00 - 15.15 | Q&A with David and Matthew |
2018 Camp Schedule
Russell Sage Foundation
13th Summer Institute in Behavioral Economics
Waterville Valley, New Hampshire June 25—July 7, 2018
Organizing Faculty: David Laibson and Matthew Rabin
Monday, June 25
20.30 Opening Dinner
Tuesday, June 26
09.30 – 10.40 David 1: Welcome, Introduction, & Methods in Behavioral Economics
11.00 – 12.10 Matthew 1: Normal-Science Behavioral Economics (& Camp Outline)
14.00 – 15.10 Matthew 2: Utility, Beliefs, and Choice
15.30 – 16.40 Matthew 3: Prospect Theory, Reference Dependence, and News Utility
Wednesday, June 27 Visiting Faculty: Stefano DellaVigna
09.30 – 10.40 Matthew 4: Social Preferences and Self Image
11.00 – 12.10 Stefano 1: Behavioral Labor Economics
14.00 – 15.10 Matthew 5: Introduction to Limited Rationality
15.30 – 16.40 Matthew 6: Narrow Bracketing
17.00 – 18.30 Individual Office Hours: Matthew
17.00 – 18.30 Group Office Hours: Matthew
Thursday, June 28 Visiting Faculty: Stefano, Muriel Niederle, Dick Thaler
09.30 – 10.40 Stefano 2: Structural Behavioral Economics
11.00 – 12.10 Muriel 1: A Gender Agenda, or From the Lab to the Field to Policy
14.00 – 15.10 Matthew 7: Mispredicting Tastes—Evidence, Theory, and Implications
15.30 – 17.30 Individual Office Hours: Stefano, Muriel
15.30 – 18.30 Individual Office Hours: Matthew, David
17.00 – 18.30 Group/Drop-In Office Hours: Richard
Friday, June 29 Visiting Faculty: Muriel, Richard
09.30 – 10.40 Richard: New Findings in Choice Architecture
11.00 – 12.10 David 2: Mechanism Design with Behavioral Agents
14.00 – 15.10 Q&A/Roundtable #1—On Policy, Choice Architecture, and General
15.30 – 16.40 David 3: Biosocial Science
17.00 – 18.30 Group/Drop-In Office Hours: Richard, David
17.00 – 18.30 Individual Office Hours: Muriel
Saturday, June 30
09.30 – 10.40 David 4: Intertemporal Choice — Theory
11.00 – 12.10 David 5: Intertemporal Choice — Evidence
Sunday, July 1 - Monday, July 2
No sessions
Tuesday, July 3 Visiting Faculty: Eric Johnson, Gautam Rao
09.30 – 10.40 Eric 1: Why is Insurance Choice So Difficult for Consumers?
11.00 – 12.10 Matthew 8: Errors in Probabilistic Reasoning
14.00 – 15.10 Gautam 1: Behavioral Labor Economics
15.30 – 16.40 David 6: Household Finance
17.00 – 18.00 Individual Office Hours: David, Eric, Gautam, Matthew
Wednesday, July 4 Visiting Faculty: Antoinette Schoar, Kelly Shue, Eric, Gautam
09.30 – 10.40 Antoinette 1: Shrouding of Contract Terms in Consumer Finance
11.00 – 12.10 Kelly 1: Topics in Behavioral Finance
14.00 – 15.10 Q&A/Roundtable #2: Behavioral Economics, Markets, and Consumers
15.30 – 17.00 Individual Office Hours: Eric, Matthew, David
15.30 – 18.30 Individual Office Hours: Antoinette, Gautam, Kelly
17.00 – 18.30 Group/Drop-In Office Hours: David
Thursday, July 5 Visiting Faculty: Antoinette, Kelly, Gautam
09.30 – 10.40 Matthew 9: Inattention and Non-Inference
11.00 – 12.10 Matthew 10: Social Information and Social Inference
14.00 – 15.10 Gautam 2: Field Experiments in Behavioral Economics
15.30 – 16.40 Kelly 2: Observational Empirics in Behavioral Economics
17.00 – 18.30 Group/Drop-In Office Hours: Matthew
Friday, July 6
09.30 – 10.40 David 7: Behavioral Agents in Market Equilibrium
11.00 – 12.10 Matthew 11: Behavioral Theory, Themes and Principles
14.00 – 15.10 David 8: Going Forth and Doing Research
15.30 – 16.40 Q&A/Roundtable #3: Discussion & Wrap-Up
20.00 Good-bye Dinner
Saturday, July 7
10.00 Bus pick-up for Logan Airport (arriving at Logan by 1 pm)
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2016 Camp Schedule
Russell Sage Foundation
12th Summer Institute in Behavioral Economics
Waterville Valley, New Hampshire June 27—July 9, 2016
Organizing Faculty: David Laibson and Matthew Rabin
Monday, June 27
20.30 Opening Dinner
Tuesday, June 28
09.30 – 10.40 David 1: Welcome, Introduction, & Methods in Behavioral Economics
11.00 – 12.10 Matthew 1: Normal-Science Behavioral Economics (& Camp Outline)
14.00 – 15.10 Matthew 2: Utility, Beliefs, and Choice
15.30 – 16.40 Matthew 3: Prospect Theory, Reference Dependence, and News Utility
19.00 Dinner
Wednesday, June 29
09.30 – 10.40 Matthew 4: Social Preferences and Self Image
11.00 – 12.10 Matthew 5: Intro to Limited Rationality and Quasi-Utility Maximization
14.00 – 15.10 David 2: Intertemporal Choice — Theory
15.30 – 16.40 David 3: Intertemporal Choice — Evidence
19.00 Dinner
Thursday, June 30 Visiting Faculty: George Loewenstein, Dick Thaler
09.30 – 10.40 Dick 1: Explainawaytions No More!
11.00 – 12.10 George 1: Misunderstanding and Misprediction of Preferences
14.00 – 15.10 Matthew 6: Mispredicting Preferences—Modeling, Identification, Implications
15.30 – 16.40 Q&A/Roundtable #1—Dick, George, David, Matthew
17.00 – 18.30 Group/Drop-In Office Hours: Matthew I, Dick
17.00 – 18.30 Individual Office Hours: David, George
19.00 Dinner
Friday, July 1 Visiting Faculty: George, Supreet Kaur, Justin Sydnor
09.30 – 10.40 Justin: Behavioral Economics of Risk and Insurance
11.00 – 12.10 Supreet: Behavioral Development Economics
14.00 – 15.10 George 2: Seeking and Avoiding Information
15.30 – 17.00 Individual Office Hours: George, Justin, Matthew, Supreet
15.30 – 17.00 Group/Drop-In Office Hours: David I
17.00 – 18.30 Individual Office Hours: David, Justin, Matthew, Supreet
17.00 – 18.30 Group/Drop-In Office Hours: George
19.00 Dinner
Saturday, July 2 Visiting Faculty: Supreet, Justin
09.30 – 10.40 Matthew 7: Choice Heuristics and Narrow Bracketing
11.00 – 12.10 David 4: Mechanism Design with Behavioral Agents
14.00 – 15.10 Q&A/Roundtable #2, Applying Behavioral Insights—Justin, Supreet, David, Matt
Tuesday, July 5 Visiting Faculty: Stefano, Ulrike
09.30 – 10.40 Matthew 8: Errors in Probabilistic Reasoning
11.00 – 12.10 David 5: Household Finance
14.00 – 15.10 Stefano 1: Behavioral Labor Economics
15.30 – 16.40 Ulrike 1: Behavioral Corporate Finance
17.00 – 18.00 Individual Office Hours: David, Stefano
18.00 – 19.00 Individual Office Hours: Matthew, Ulrike
19.00 Dinner
Wednesday, July 6 Visiting Faculty: Stefano, Ulrike
09.30 – 10.40 Ulrike 2: The Effect of Past Experiences on Financial Decisions
11.00 – 12.10 Stefano 2: Structural Behavioral Economics
14.30 – 15.30 Individual Office Hours: David, Stefano
15.30 – 17.00 Individual Office Hours: Ulrike
15.30 – 17.00 Group/Drop-In Office Hours: Matthew II, Stefano
17.00 – 18.30 Individual Office Hours: Stefano
17.00 – 18.30 Group/Drop-In Office Hours: Ulrike, David II
19.00 Dinner
Thursday, July 7 Visiting Faculty: Stefano, Ulrike
09.30 – 10.40 David 6: Biosocial Science
11.00 – 12.10 Matthew 9: Social Information and Social Inference
14.00 – 15.10 Q&A/Roundtable #3: Behavioral Empirics and Theory—Stefano, Ulrike, David
15.30 – 17.30 Individual Office Hours: David, Ulrike
17.30 – 19.00 Individual Office Hours: Matthew, Stefano
19.00 Dinner
Friday, July 8
09.30 – 10.40 David 7: Behavioral Agents in Market Equilibrium
11.00 – 12.10 Matthew 10: Inattention and Non-Inference
14.00 – 15.10 David 8: Going Forth and Doing Research
15.30 – 16.40 Q&A/Roundtable #4: Discussion & Wrap-Up—David, Matthew
20.00 Good-bye Dinner
Saturday, July 9
10.00 Bus pick-up for Logan Airport (arriving at Logan by 1 pm)
2014 Camp Schedule
Russell Sage Foundation
11th Summer Institute in Behavioral Economics
Waterville Valley, New Hampshire June 29—July 11, 2014
Organizing Faculty: David Laibson and Matthew Rabin
Sunday, June 29
20.30 Opening Dinner
Monday, June 30
09.30 – 10.40 David 1: Welcome, Introduction, & Methods in Behavioral Economics
11.00 – 12.10 Matthew 1: Normal-Science Behavioral Economics (& Camp Outline)
14.00 – 15.10 Matthew 2: Utility, Beliefs, and Choice
15.30 – 16.40 Matthew 3: Prospect Theory, Reference Dependence, and News Utility
19.00 Dinner
Tuesday, July 1
09.30 – 10.40 Matthew 4: Social Preferences and Self Image
11.00 – 12.10 Matthew 5: Intro to Limited Rationality and Quasi-Utility Maximization
14.00 – 15.10 David 2: Present-Biased I—Theory
15.30 – 16.40 David 3: Present-Biased II—Evidence
19.00 Dinner
Wednesday, July 2 Visiting Faculty: Sendhil Mullainathan
09.30 – 10.40 Matthew 6: Mispredicting Preferences—Evidence, Model, Implications
11.00 – 12.10 Sendhil 1: Development Economics and Poverty
14.00 – 15.10 Matthew 7: Choice Heuristics and Narrow Bracketing
15.30 – 16.40 Question & Answer & Discussion Session 1—David, Matthew, Sendhil
17.00 – 18.30 Group/Drop-In Office Hours: Matthew
17.00 – 18.30 Individual Office Hours: David, Sendhil
19.00 Dinner
Thursday, July 3 Visiting Faculty: Sendhil, Colin Camerer
09.30 – 10.40 David 4: Biosocial Science
11.00 – 12.10 Colin 1: Measuring Cognitive & Neural Activity During Choice
14.00 – 15.10 Sendhil 2: Public Finance and Policy
15.30 – 17.00 Individual Office Hours: Colin, Matthew, Sendhil
15.30 – 17.00 Group/Drop-In Office Hours: David
17.00 – 18.30 Individual Office Hours: David, Matthew
17.00 – 18.30 Group/Drop-In Office Hours: Colin, Sendhil
19.00 Dinner
Friday, July 4 Visiting Faculty: Colin
09.30 – 10.40 Matthew 8: Errors in Probabilistic Reasoning
11.00 – 12.10 Colin 2: Laboratory and Field Evidence of Limited Strategic Thinking
14.00 – 15.10 Question & Answer & Discussion Session 2—Colin, David, Matthew
Monday, July 7 Visiting Faculty: Dick Thaler
09.30 – 10.40 Matthew 9: Cognitive Biases: Base-Rate Neglect and General Issues
11.00 – 12.10 Matthew 10: Social Inference and Social Learning
14.00 – 15.10 David 5: Behavioral Macro & Behavioral Asset Pricing
15.30 – 16.40 Dick 1: Libertarian Paternalism—Talk and Q&A
17.00 – 18.30 Individual Office Hours: Dick, Matthew
17.00 – 18.30 Group/Drop-In Office Hours: David
19.00 Dinner
Tuesday, July 8 Visiting Faculty: Devin Pope, Dick
09.30 – 10.40 Devin 1: Empirical Identification of Target Behavior
11.00 – 12.10 David 6: Household Finance
14.00 – 15.10 Dick 2: Perspectives on the Field—Talk and Q&A
15.30 – 17.00 Individual Office Hours: David, Devin
15.30 – 17.00 Group/Drop-In Office Hours: Dick, Matthew
19.00 Dinner
Wednesday, July 9 Visiting Faculty: Devin
09.30 – 10.40 David 7: Behavioral Mechanism Design
11.00 – 12.10 Devin 2: Behavioral Empirics and Observational Data
14.00 – 15.10 Question & Answer & Discussion Session 3—David, Devin, Matthew
15.30 – 17.00 Group/Drop-In Office Hours: Devin
19.00 Dinner
Thursday, July 10
09.30 – 10.40 David 8: Behavioral Agents in Market Equilibrium
11.00 – 12.10 Matthew 11: Utility, Happiness, and Revealed Preference
14.00 – 15.10 David 9: Going Forth and Doing Research
15.30 – 16.40 Question & Answer & Discussion & Wrap-Up—David, Matthew
20.00 Good-bye Dinner
Friday, July 11
10.00 Bus pick-up for Logan Airport (arriving at Logan by 1 pm)
2012 Camp Schedule
Russell Sage Foundation
10th Summer Institute in Behavioral Economics
Waterville Valley, New Hampshire July 1—July 13, 2012Sunday, July 1
8.30 Opening Dinner
Monday, July 2
9.30 – 10.40 David 1: Welcome, Intro, & Methods in Behavioral Economics
11.00 – 12.10 Matthew 1: Normal-Science Behavioral Economics (& Camp Outline)
2.00 – 3.10 Matthew 2: Belief-Based Preferences & Intro to Prospect Theory
3.30 – 4.40 Matthew 3: Reference Dependence and News Utility
Tuesday, July 3
9.30 – 10.40 Matthew 4: Social Preferences
11.00 – 12.10 Matthew 5: Quasi-Utility Maximization; Narrow Bracketing
2.00 – 3.10 David 2: Present-Biased I—Basics, Theory, and Evidence
3.30 – 4.40 David 3: Present-Biased II—Applications and Implications
Wednesday, July 4
Visiting Faculty: Colin Camerer, George Loewenstein
9.30 – 10.40 George 1: Foundations of Preferences and Predictions about Preferences
11.00 – 12.10 Matthew 6: Mispredicting Preferences—Model and Implications
2.00 – 3.10 George 2: Empirical Research on Health Incentives
3.30 – 4.40 Q&A 1—Preferences, Time, and Rationality: Colin, David, George, Matthew
5.00 – 6.30 Office Hours: Colin, David, George, Matthew
Thursday, July 5
Visiting Faculty: Colin, George
9.30 – 10.40 David 4: Introduction to Neuro-Economics
11.00 – 12.10 Colin 1: Measuring Cognitive & Neural Activity During Choice
2.00 – 3.10 Q&A 2—Foundations and Neuroeconomics: Colin, David, George, Matthew
3.30 – 6.30 Extended Office Hours: Colin, David, George, Matthew
Friday, July 6
Visiting Faculty: Colin, George, Ulrike Malmendier, Stefano DellaVigna
9.30 – 10.40 Matthew 7: Psychology-Based Structural Models of Bounded Rationality
11.00 – 12.10 Colin 2: Laboratory and Field Evidence of Limited Strategic Thinking
2.00 – 3.10 Ulrike 1: Behavioral Corporate Finance
3.30 – 4.40 Ulrike 2: Investor Sentiment
Monday, July 9
Visiting Faculty: Stefano, Ulrike, Sendhil Mullainathan
9.30 – 10.40 David 5: Household Finance
11.00 – 12.10 Sendhil 1: Behavioral Development & Poverty Economics
2.00 – 3.10 Stefano 1: Structural Behavioral Economics
3.30 – 4.40 Q&A 3—Empirical Methods: Stefano, Sendhil, Dick, David, Matthew
5.00 – 6.30 Office Hours: Sendhil, Stefano, David, Matthew
Tuesday, July 10
Visiting Faculty: Stefano, Ulrike, Sendhil, Dick Thaler
9.30 – 10.40 Sendhil 2: Psychology and Public Finance
11.00 – 12.10 Dick 1: Libertarian Paternalism
2.00 – 3.10 Q&A 4—Policy and Welfare: Dick, Sendhil, David, Stefano, Matthew
3.30 – 5.00 Office Hours: Dick, Sendhil, Stefano, David, Matthew
5.00 – 6.30 Group Office Hours: Dick, Sendhil, Stefano, David, Matthew
Wednesday, July 11
Visiting Faculty: Stefano, Ulrike, Dick
9.30 – 10.40 Stefano 2: Social Preferences in the Field
11.00 – 12.10 David 6: Behavioral Macroeconomics
2.00 – 3.10 Dick 2: The State of Behavioral Economics
3.30 – 4.40 Q&A 5—The State of Behavioral Econ: Dick, David, Stefano, Ulrike, Matthew
5.00 – 7.00 Office Hours: Ulrike
Thursday, July 12
9.30 – 10.40 David 7: Behavioral Agents in Market Equilibrium
11.00 – 12.10 Matthew 8: Rational and Irrational Social Learning
2.00 – 3.10 David 8: Going Forth and Doing Research
3.30 – 4.40 Q&A 6—Whatever is On Your Mind: David, Matthew
8.00 Good-bye Dinner
Friday, July 13
10.00 Depart Hotel
2010 Camp Schedule
Schedule for Summer Institute in Behavioral Economics
University of Trento, June 28—July 7, 2010
Permanent Faculty: David Laibson, Luigi Mittone, and Matthew Rabin. Visiting
Faculty (in order of appearance): Esther Duflo, Colin Camerer, Andrei Shleifer, Ernst
Fehr, Sendhil Mullainathan, Richard Thaler, and Eldar Shafir
The schedule of talks and planned office hours are as follows (meals and special
events are omitted):
Monday, June 28
9.30 – 10.40 David: Welcome, Intro, & Methods in Behavioral Economics
11.00 – 12.10 Matthew: More Perspectives; Camp Outline, and Questions
2.00 – 3.10 Matthew: Belief-Based Preferences & Intro to Prospect Theory
3.30 – 4.40 Matthew: Reference Dependence and News Utility
Tuesday, June 29
9.30 – 10.40 Matthew: Social Preferences
11.00 – 12.10 Matthew: Quasi-Utility Maximization; Narrow Bracketing
2.00 – 3.10 David: Present-Biased I—Basics, Theory, and Evidence
3.30 – 4.40 David: Present-Biased II—Applications and Implications
5.00 – 6.30 Office Hours: David, Matthew
Wednesday, June 30
9.30 – 10.40 Matthew: Mispredicting Preferences
11.00 – 12.10 Q&A/Roundtable: David and Matthew
2.00 – 3.10 Esther: Nudging Farmers in Kenya: Theory and Evidence
3.30 – 4.40 Colin: Behavioral Game Theory—Thinking and Learning
Thursday, July 1
9.30 – 10.40 Andrei: Behavioral Finance I – Limits of Arbitrage
11.00 – 12.10 Andrei: Behavioral Finance II – Investor Sentiment
2.00 – 3.10 Ernst: The Lure of Authority
3.30 – 6.30 Extended Office Hours: Andrei, Colin, David, Ernst, Esther, Matthew,
Friday, July 2
9.30 – 10.40 Ernst: Fairness & Effort: F’Experiments on G’Exchange and R’procity
11.00 – 12.10 David: Introduction to Neuro
2.00 – 3.10 Colin: Measuring Cognitive & Neural Activity During Choice
3.30 – 4.40 Q&A/Roundtable on Neuroeconomics: Colin, David, Ernst, Matthew
Monday, July 5
9.30 – 10.40 Sendhil: Behavioral Development Economics
11.00 – 12.10 Dick: Save More Tomorrow and Libertarian Paternalism
2.00 – 3.10 David: Household Finance and Optimal Defaults
3.30 – 4.40 Eldar: Primer on Social and Cognitive Psychology
5.00 – 6.00 Office Hours: Dick, Sendhil, Eldar, David, Matthew
Tuesday, July 6
9.30 – 10.40 Eldar and Sendhil: Psychology and Public Policy
11.00 – 12.10 Matthew: Revealed Preference and Happiness
2.00 – 3.10 Roundtable on Paternal Policy: Dick, Sendhil, Eldar, David, Matthew
3.30 – 5.00 Office Hours: Dick, Sendhil, Eldar, David, Matthew
5.00 – 6.00 Group Office Hours: Dick, Sendhil, Eldar, David, Matthew
Wednesday, July 7
9.30 – 10.40 David: Behavioral Macroeconomics
11.00 – 12.10 Dick: Behavioral Economics and the Financial Crisis
2.00 – 3.10 Q&A/Roundtable on BE and the Crisis: Dick, David. (Matthew heckles)
4.00 – 5.30 Office Hours: David, Matthew
Thursday, July 8
9.30 – 10.40 Matthew: Bounded Rationality and Quasi-Bayesian Models
11.00 – 12.10 David: Behavioral Agents in General Equilibrium
2.00 – 3.10 David: Going Forth and Doing Research
3.30 – 4.40 Q&A/Roundtable on Whatever you have in Mind: David, Matthew
2008 Camp Schedule
Summer Institute in Behavioral Economics
University of Trento, June 15-26, 2008
Sunday, June 15
8.15 Opening dinner at Panorama
Monday, June 16
9.30 – 10.40 David: Welcome, Intro, & Methods in Behavioral Economics
11.00 – 12.10 Matthew: More Perspectives; Camp Outline, and Questions
2.00 – 3.10 Matthew: Present-Biased: Model and General Features
3.30 – 4.40 David: Present-Biased: Evidence, Applications, and Implications
5:30 – 6.30 Matthew leads Local stroll to the village
7.00 Dinner at Panorama
Tuesday, June 17
9.30 – 10.40 David: Present-Biased Prefs In Markets and In Continuous Time
11.00 – 12.10 Andrei: Behavioral Finance I – Limits of Arbitrage
2.00 – 3.10 Andrei: Behavioral Finance II – Investor Sentiment
3.30 – 4.40 Q&A/Roundtable: Andrei, David, Matthew
5.00 – 6.30 Office Hours: Andrei, David, Matthew
7.00 Dinner at Panorama
Wednesday, June 18
9.30 – 10.40 Matthew: Belief-based Preferences
11.00 – 12.10 Matthew: Reference-Dependent Utility, loss aversion, and bracketing
2.00 – 3.10 Matthew: Social Preferences
3.50 – 7.00 Guided tour of the city of Trento; depart Panorama at 3.50;
Dinner on your own in Trento
Thursday, June 19
9.30 – 10.40 Matthew: Mispredicting Preferences
11.00 – 12.10 Matthew: Quasi-Bayesian Models
2.00 – 3.10 David: Boundedly rational agents in general equilibrium
3.30 – 4.40 Q&A/Roundtable on Theory: David, Matthew
5.00 – 6.30 Office Hours: David, Matthew
7.00 Dinner at Panorama
Friday, June 20
9.30 – 10.40 Colin: Behavioral Game Theory
11.00 – 12.10 David: Introduction to Neuro
2.00 – 3.10 Colin: Frontiers of Experimental and Neuro Economics
3.30 – 4.40 Q&A/Roundtable on Neuroeconomics: Colin, David
5.00 – 6.30 Office Hours: David, Matthew, Colin
7.00 Gala Dinner at Antico Pozzo Restaurant at 8.00, leave Center at 7.00
Saturday, June 21
9.30 – 10.40 Sendhil: Psychological Field Experiments in Development
11.00 – 12.10 Sendhil: Behavioral Economics for Public Finance and Poverty
2.00 – 4.00 Office Hours: Sendhil
Dinner on your own in Trento
Sunday, June 22
7.30 – 11.30 Bus to Venice departs Panorama 7.30 am, returns around 11.30 pm.
Monday, June 23
9.30 – 10.40 Eldar: Primer on Social and Cognitive Psychology
11.00 – 12.10 Eldar: Behavioral Decision Research and Policy
2.00 – 3.10 Armin: Behavioral Labor Econ 1, Reference-Dependent Utility
3.30 – 6.30 Extended Office Hours: Colin, Eldar, Sendhil, Armin, Matthew, David
7.00 Dinner at Panorama
Tuesday, June 24
9.30 – 10.40 Armin: Behavioral Labor Econ 2, Contract Enforcement/Institutions
11.00 – 12.10 Dick: Deal or No Deal
2.00 – 3.10 David: Household finance
3.30 – 4.40 Q&A/Roundtable: Dick, Colin, Armin, David, Matthew
5.00– 6.30 Office Hours: David, Matthew, Dick, Colin
Dinner on your own in Trento
Wednesday, June 25
9.30 – 10.40 David: Optimal defaults
11.00 – 12.10 Dick: Save More Tomorrow, Libertarian Paternalism
2.00 – 3.10 Matthew: Revealed Preference, Choice, and Happiness
3.30 – 4.40 Q&A/Roundtable on Paternalism: Dick, David, Matthew
5.00 – 6.30 Office Hours: Dick, David, Matthew
7.00 Gala Dinner at Old Bar Restaurant at 8.00, leave Center at 7.00
Thursday, June 26
9.30 – 10.40 David: Behavioral Economics in Markets: Empirics and Regulation
11.00 – 12.10 David: Going Forth and Doing Research
2.00 – 3.10 Matthew: Going Forth and Doing Research
3.30 – 4.40 Q&A/Roundtable on Whatever you have in Mind: David, Matthew
8.00 Dinner at Panorama, View Fireworks from Balcony at 11.00
2006 Camp Schedule
Summer Institute in Behavioral Economics
University of Trento, June 18-30, 2006
Sunday, June 18, 2006
[Opening dinner]
Monday, June 19, 2006
9.30 – 10.40 David: Welcome, Introduction, and Perspectives and Methods in Behavioral Economics
11.00 – 12.10 Matthew: More Perspectives; Camp Outline, and Questions
2.00 – 3.10 Matthew: Present-Biased: Model and General Features
3.30 – 4.40 David: Present-Biased: Evidence, Applications, and Implications
Tuesday, June 20, 2006
9.30 – 10.40 George 1: Loss Aversion and Choice Bracketing
11.00 – 12.10 George 2: Adaptation and Hedonics
2.00 – 3.10 George 3: Affect and Affective Forecasting
Wednesday, June 21, 2006
9.30 – 10.40 Matthew: Modeling Projection Bias
11.00 – 12.10 David: Neuro Background
2.00 – 3.10 Colin: Neuro Research
3.30 – 4.40 Q&A/Roundtable on Neuro: Colin, David, George
5.00 – 6:30 Office Hours: Colin, George, David, Matthew
Thursday, June 22, 2006
9.30 – 10.40 Colin: Behavioral Game Theory
11.00 – 12.10 Colin: Frontiers of Experimental Economics
2.00 – 3.10 Matthew: Social Preferences: Insights and Problems
3.30 – 6.30 Office Hours: Colin, Jean, David, Matthew
Friday, June 23, 2006
9.30 – 10.40 Jean: Motivated Beliefs
11.00 – 12.10 Jean: Self Perception and Self Signaling
2.00 – 3.10 Matthew: Expectations and Reference-Dependent Utility
3.30 – 4.40 Q&A/Roundtable on Theory: Jean, Matthew, Colin
5.00 – 6:30 Office Hours: David, Matthew, Colin
Monday, June 26, 2006
9.30 – 10.40 Ernst: The Behavioral Effects of the Minimum Wage Law
11.00 – 12.10 Ernst: Reputation and Credit-Market Formation
2.00 – 3.10 Ernst: An Empirical Test of Evolutionary Theories of Human Cooperation
3.30 – 4.40 Stefano: Empirical Work in Behavioral Economics
5.00 – 6:30 Office Hours: Ernst, Stefano, David, Matthew, Ulrike, Sendhil
Tuesday, June 27, 2006
9.30 – 10.40 Eldar: Primer on Social and Cognitive Psychology
11.00 – 12.10 Eldar and Sendhil: A South African Marketing Experiment
2.00 – 3.10 Sendhil: Psychological Field Experiments in Development
3.30 – 4.40 Q&A/Roundtable on Empirical Methods: Ernst, Sendhil, Eldar, Dick, David
5.00 – 6:30 Office Hours: Ernst, Eldar, Sendhil, David, Matthew, Stefano, Ulrike
Wednesday, June 28, 2006
9.30 – 10.40 Ulrike: Behavioral Corporate Finance
11.00 – 12.10 Q&A/Roundtable on Behavioral Finance: Dick, Ulrike, Stefano, Sendhil
2.00 – 3.10 Dick on “Deal or No Deal”
3.30 – 6.30 Extended Office Hours: Dick, Stefano, Ulrike, David, Matthew
Thursday, June 29, 2006
9.30 – 10.40 Dick: Save More Tomorrow, Libertarian Paternalism
11.00 – 12.10 David: Savings/Passivity effects in 401K
2.00 – 3.10 Matthew: Happiness, Revealed Preference, and Other Things
3.30 – 4.40 Q&A/Roundtable on Savings, Intervention, and Policy: David, Dick, Matthew
5.00 – 6:30 Office Hours: Stefano, Ulrike, David, Matthew, Dick
Friday, June 30, 2006
9.30 – 10.40 Stefano and Ulrike: Gyms
11.00 – 12.10 David: Behavioral IO
2.00 – 3.10 David: Going Forth and Doing Research
3.30 – 4.40 Q&A/Roundtable on Whatever you have in Mind: David, Matthew
Past Camp Materials
Past Camp Materials
- 2012 Lectures