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      Last modified: 7/5/00
  • SUMMER INSTITUTE ON BEHAVIORAL ECONOMICS

    Sponsored by
      The Russell Sage Foundation's Behavioral Economics Roundtable




    From July 10 to July 21, 2000, the Russell Sage Foundation will sponsor the fourth Summer Institute in Behavioral Economics, to be held on the campus of the University of California, Berkeley. The purpose of this workshop is to introduce graduate students and beginning faculty in economics and related disciplines to the findings and methods of behavioral economics. Behavioral economics is the application of psychological theory and research to economics. Psychological foundations to be covered include decision making under risk and uncertainty, interptemporal choice, judgment and heuristics, mental accounting, and social preferences. These concepts will be applied to topics such as savings behavioral, labor economics, game theory, and finance.

    The organizers and principal faculty of the Summer Institute are Colin Camerer, George Loewenstein, and Matthew Rabin. Prior organizers Daniel Kahneman and Richard Thaler will also participate in some sessions, as will other members of the Behavioral Economics Roundtable and other guest faculty, who will tentatively include George Akerlof, Linda Babcock, Nick Barberis, Jerry Davis, David Laibson, Sendhil Mullainathan, Thomas Gilovich, Christopher Mayer, Terry Odean, Ted O'Donoghue, Klaus Schmidt, Cass Sunstein, and Richard Zeckhauser. The schedule will include interactive sessions in which students will be introduced to the psychological foundations of different economic topics, seminars in which visiting speakers will present recent research papers that apply psychology to economics, and opportunities for students to discuss their ideas and research with the organizers, other faculty, and other participants.

    This program information is being disseminated publicly because our participants are invited from all over the U.S. and abroad. We do apologize that, due to space and organizational constraints, we cannot invite the public to any of our sessions. Only the invited participants will be accommodated in our program sessions.