(*) Full Programme with links to all abstracts/papers (only available for registered participants)
Friday, June 11
(Central European Summer Time)
John A. List (The University of Chicago)
The Voltage Effect in Behavioral Economics
Behavioral Economics (BE) and lab/field experiments in the last several decades have contributed to the deepening scientific knowledge by uncovering mechanisms, producing key interventions, and estimating program effects. This represented a logical first step, as experimentalists sought to provide deeper empirical insights and theoretical tests as part of the credibility revolution of the 1990s. Nevertheless, what has been lacking is a scientific understanding of how to make optimal use of the scientific insights generated for policy purposes. I denote this as the “scale-up” problem, which revolves around several important questions, such as: do the BE insights we find in the petri dish scale to larger markets and settings? When we scale the BE intervention to broader and larger populations, should we expect the same level of efficacy that we observed in the small-scale setting? If not, then what are the important threats to scalability? What can the researcher do from the beginning of their scholarly pursuit to ensure eventual scalability and avoid voltage drops?
Saturday, June 12
Shyam Sunder (Yale University)