The course will focus on theoretical, experimental and behavioral approaches towards analyzing the economic implications of credence goods. The topics covered include theoretical analyses, lab and field evidence, metasciences approaches, and nudging. Guest lecturers: Cass Sunstein (Harvard University), Jeannette Brosig-Koch (University of Magdeburg).
Info
Degree
Confirmation of Participation
from the University of Innsbruck
Duration
5 days
Start
May 8th 2023
Cost
600 EUR
Language
English
The right programme for me?

Objectives
The purpose of this course is to provide students with the tools needed to analyze key determinants of individual behavior and market performance in credence goods markets (with a wide definition of credence goods), such as markets for health care, repair and legal services, as well as markets for financial advice and fund management. In addition, science as a credence good, metasciences approaches, and nudging are subjects of the course.

Target group
We welcome PhD students and PostDocs in economics, finance, and other related social sciences that apply theoretical and/or experimental methods in their respective fields.

Requirements
Completed master’s degree.
Students who are not enrolled at the University of Innsbruck need to submit a single pdf file called "surname.pdf" containing (i) a short motivation letter, (ii) CV and (iii) a list of publications and ongoing work.

Contact
Tobias Haller, PhD
SFB Credence Goods,
Incentives and Behavior
Universitätsstraße 15
A-6020 Innsbruck
Academic Supervision
Univ.-Prof. Dr. Michael Kirchler
Department of Banking and Finance
Instructors
Spring School:
Rudolf Kerschbamer
University of Innsbruck
Loukas Balafoutas
University of Exeter / University of Innsbruck
Cass Sunstein
Harvard University
Jeannette Brosig-Koch
University of Magdeburg
Michael Kirchler
University of Innsbruck
Summit:
Cass Sunstein
Harvard University
Susann Fiedler
Vienna University of Economics and Business
Organisational Information
Dates:
May 8 – 12, 2023
Location:
University of Innsbruck and
Seegrube Restaurant Innsbruck
Program:
- Theoretical foundations of credence goods
- The method of running laboratory and field experiments in the social sciences
- Credence goods and laboratory/field experiments
- Experiments in finance
- Experiments in health
- Nudging
- Metasciences approaches
Part of the program will be the two-day workshop Innsbruck Spring Summit – (Un)Ethical Behavior in Markets which will take place at the Seegrube Restaurant, located at 1,900 meters above sea level with stunning views of the city of Innsbruck and the surrounding mountain ranges. Keynotes will be given by Cass Sunstein (Harvard University) and Susann Fiedler (Vienna University of Economics and Business).
Registration
Registration is currently possible until March 23, 2023.
You can find the registration button above.
General Information for Course Registration.
The participants have to take care of their insurances
(health, accident and liability insurance) themselves.