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Chair of Political Economy

Visitors and delivery address:

Fritz-Erler-Str. 1 - 3
Building 01.85, R 417 - 421
D-76133 Karlsruhe


Postal address:

Kaiserstr. 12
D-76131 Karlsruhe

Prof. Dr. Nora Szech

Sibille Hackel

Building 01.85, Room 419
Tue, Wed, Thur
from 10:00 to 12:00
Tel.: +49  721 608 - 43809


Prof. Dr. Nora Szech

Chair of Political Economy
Group: Institute of Economics (ECON)
Phone: +49 721 608-43809
nora szechLau8∂kit edu


Welcome to the Chair of Political Economy (ECON)


Trust (Herrenhäuser Talks/NDR)

Moderated by Ulrich Kühn, four professors from the fields of theology, economics, business administration, psychology and personality development discuss the role of trust in our society: Friedrich Wilhelm Graf (LMU), Guido Möllering (U Witten-Herdecke), Nora Szech (KIT), and Martin Schweer (U Vechta). Here is the podcast.

Final thesis on "Gender Differences in Economic Behavior"

We offer a final thesis on the topic “Gender Differences in Economic Behavior”. Please find more information here.

"These People will Coin 2017"

 Marc Beise is the head of the economics section of the German daily Süddeutsche Zeitung. For 2017, his recommendation is to pay specific attention to our research. To the video.

On the big questions of our times

The largest regional newspaper in Austria, "Die kleine Zeitung," features in its book review of 2016 articles about Henri Lévy, Christine Nöstlinger, Hans-Werner Sinn, Nora Szech and others. 

Teaching Award for Jannis Engel and Nora Szech

We are very happy about the teaching award for our seminar!
Thank you so much, dear students!!! 

Markets and Decisions

At the beginning of 2017, the German daily Süddeutsche Zeitung focuses on the decision-making in markets. In her article, Nora Szech describes the influences of market design on moral decision making. Besides institutional design, personal facets, political orientation and gender play important roles. 

Economics and trust — a fragile relationship

… titels the magazine RATIO, featuring articles by/about Richard David Precht, Bernhard Schlink, Nora Szech, and others.
To the magazine

The future is female

 ... titels the German magazine Myself. Hopefully, there is room for all genders :)
Check out the article here.

"Think whatever you want. Surprising insights from Germany's most important economists"

This is the title of the new book by the German national daily "Süddeutsche Zeitung." It presents 36 influential German economists under the age of 50. One of these is Nora Szech. To the interview with the SZ.

"Priority in case of equal qualification"

What kind of effects do we see from the rule "priority in case of equal qualification"? Stronger as well as weaker candidates may become more motivated. Diversity and performance incentives then do not exclude each other, but become rather aligned. 

To the study. (and)

To ScienceDaily.

Transparency in Auctions

Check out our latest research on information release in auctions. We compare incentives from welfare and profit perspectives, and investigate the role of the number of bidders.

Better performance because of coarse incentive structures

Detailed information on incentive structures can make agents perform worse. With coarse information structures, better performance results become possible, and agents can avoid feeling stressed. Check out our recent empirical findings from an economic experiment.

Diffusion of Moral Responsibility

In many contexts, for example in committees, diffusion of moral responsibility and sharing of guilt play crucial roles. This influences the design of institutions in order to prevent erosion of moral responsibility.
Have a look at our institution-design-study and our experimental study!

KIT Experts

Nora Szech is a KIT expert with a focus on markets and market design and on how institutions shape our moral values.


The HeiKaMaX is a Workshop on Behavioral Economics and Experiments in Economics joint with the universities of Heidelberg and Mannheim. The 11th workshop in this tradition took place on March 31, 2017 in Karlsruhe. If you are interested, please contact Petra Nieken, Philipp Reiss, Clemens Puppe or Nora Szech.

To the program

HeiKaMaxY Young Researchers

This workshop for young researchers (PhD students, postdocs, and JProfs) is jointly organized with the universities of Heidelberg and Mannheim. On 25 November 2016, the HeiKaMaxY Young Researchers Workshop on Behavioral Economics and Experiments took place at the KD2 Lab in Karlsruhe. If you want to take part in upcoming workshops on the topic, please contact our PhD student Leonie Fütterer.

Doctoral Research Seminar

On Wednesdays at 11:30 am. our Doctoral Research Seminar takes place. Everybody is very welcome.

Research Seminar

On Thursdays at 11:45 am, our research Seminar Workshop on Economics and Finance takes place. Everybody is welcome to join in!
If you want to get in touch with the speaker, feel free to take part in the lunch afterwards.