The 5th HeiKaMaxY Young Researchers Workshop takes place on December 7 in Mannheim. It is a workshop on Behavioral Economics and Experiments for young researchers (PhD students, postdocs, and JProfs), jointly organized with the universities of Heidelberg and Mannheim. For more information, please contact Julia Schreier or David Huber.
Prof. Dr. Nora Szech
Chair of Political Economy|
Group: Institute of Economics (ECON)
Phone: +49 721 608-43809
nora szech∂kit edu
Welcome to the Chair of Political Economy (ECON)
The autumn HeiKaMaX Workshop on Behavioral and Experimental Economics, jointly organized by the Universities of Heidelberg, Mannheim and KIT took place on October 10 at the KIT. Here's a link to the program.
In this podcast of the Süddeutsche Zeitung Gerd Gigerenzer, Malcolm Gladwell, Julia Rothhaas, and Nora Szech talk about the relationship of economy and gut feeling. Susanne Klingner is doing the interviews.
Marietta Schwarz talks with Nora Szech about current topics from behavioral economics, about morals in economic institutions, and the roots of game theory. There is also some music, ranging from The Cure to Oasis to Anohni to Taylor Swift. To the podcast.
The focus of the OECD Integrity Week in Paris was on fighting corruption worldwide. Multiple public and closed events surrounded the main event of the week, the OECD Integrity Forum. Nora Szech was one of the panelists at the Forum. The OECD provides lots of information on the topic and on the event that takes place on a yearly basis, which you can find here.
Max Hägler from Süddeutsche Zeitung interviews Nora Szech on the diffusion of responsibility in economic institutions. To the video.
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. Transparency and number of bidders are highly discussed topics, e.g. in the design of procurement auctions for the renewable energy sector.
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.
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!
Nora Szech is a KIT expert with a focus on markets and market design and on how institutions shape our moral values.
On Wednesdays at 11:30 am. our Brown Bag Seminar takes place. Everybody is very welcome.
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.