|Notes||Participation will be limited to 12 students.|
Does it make sense to pay children for reading books? Should surrogacy be allowed (and compensated with money)? Many countries forbid payments to blood donators, while in Germany, monetary incentives are used frequently. What position is right?
Questions of this kind will be studied in our block seminar. Students develop their own ideas for an economic experimental design.
|Bibliography||Impulses may be received from Michael Sandel (Justice, What Money Can’t Buy), Al Roth (repugnant activities), Ernst Fehr (child intervention studies, papers on cooperative behavior), Uri Gneezy (crowding-out of pro-social behavior, conscience accounting), or Dan Ariely (e.g. on lying). For more references see “Morals and Markets” by Armin Falk and Nora Szech.|
|Annotation||Students may work individually or in pairs of two.|