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27 & 28 June 2019
Room 003, Level 8 Dr Chau Chak Wing Building
CPMD WORKSHOP ON BEHAVIOURAL
AND EXPERIMENTAL ECONOMICS 2019
Workshop Organizers: Isa Hafalir, Elif Incekara - Hafalir, Lionel Page
CPMD Workshop on Behavioural and Experimental Economics – June 2019
1
Thursday, 27th June 2019 – Level 8, Room 003
8:30 Registration & Arrival Tea
8:50 – 9:00 Welcome & Opening Professor Ashish Sinha, Associate Dean (Research & Development)
Session 1 – Risk
9:00 – 10:30 David Butler (Griffith University) ‘’Inequality aversion or risk attitude? A structural estimation using experimental data from simple games’’ Gigi Foster (UNSW) ‘’Gripping the Reins: Is There an Endowment Effect for Power?’’ Daniel Zizzo (The University of Queensland) ‘’Information defaults in repeated public good provision’’
10:30 – 11:00 Morning Tea
Session 2 – Contests
11:00 – 12:30 Ralph Bayer (The University of Adelaide) ‘’Does joint liability reduce cheating in contests between contestants with managers?’’ Changxia Ke (The Queensland University of Technology) ‘’Reward and Risk-taking in Contests’’ Shakun Datto Mago (University of Richmond) ‘’Contests with Revisions’’
12:30 – 14:00 Lunch
Session 3 – Matching & Bargaining
14:00 – 15:30
Pablo Guillen (The University of Sydney) ‘‘Stress testing experimental results: an application to matching experiments’’ Siqi Pan (The University of Melbourne) ‘’Commitment and Cheap Talk in Search Deterrence: Exploding Offer vs Buy-Now Discount’’ Wooyoung Lim (Hong Kong University of Science and Technology) ‘’Bargaining and Time Preferences: An Experimental Study’’
CPMD Workshop on Behavioural and Experimental Economics – June 2019
2
15:30 – 16:00 Afternoon Tea
Keynote Speaker
16:00 – 16:50 John Kagel (The Ohio State University) ‘’Infinitely Repeated Prisoner Dilemma Games: Comparing Teams with Individuals’’
16:50 – 17:05
Debrief (Questions & Answers)
19:00 Workshop Dinner, The Port – Darling Harbour
CPMD Workshop on Behavioural and Experimental Economics – June 2019
3
Friday, 28th June 2019 – Level 8, Room 003
8:30 Registration & Arrival Tea
Session 4 - Theory
9:00 – 10:30 Yusufcan Masatlioglu (University of Maryland ‘’Behavioral Influence’’ Gegory Kubitz ‘’If you can, you must: The evolutionary foundation of reference point choice and loss aversion’’ Bogachan Celen (The University of Melbourne) "Information Hoarding: Private vs Social Information"
10:30 – 11:00 Morning Tea
Session 5 – Experiment I
11:00 – 12:30 Vera te Velde (The University of Queensland) ‘’The (lack of) informational value of descriptive norms’’ Nisvan Erkal (The University of Melbourne) "By chance or by choice? Biased attribution of others’ outcomes" Moshe Hoffman (Harvard University) ‘’Why it’s imperative to understand where behavioral preferences come from: two case studies—motivated reasoning and altruism’’
12:30 – 13:45 Lunch
Session 6 – Experiment II
13:45 – 15:45 Lana Friesen (The University of Queensland) ‘’The paradox of cost containment in pollution auctions’’ Neslihan Uler (University of Maryland) ‘’The Effect of "Non-binding" Price Floors on the Price of Storable Assets: Emissions Permits and Agricultural Commodities’’ Guy Mayraz (The University of Sydney) "Wishful Thinking" Paan Jindapon (University of Alabama) "Prize-Linked Savings Games: Theory and Experiment"
CPMD Workshop on Behavioural and Experimental Economics – June 2019
4
15:45 – 16:15 Afternoon Tea
Keynote Speaker
16:15 – 17:05 Lorenz Goette (National University of Singapore) ‘’The behavioral mechanisms of habit formation: evidence from a field experiment on water conservation’’
17:05 – 17:20
Debrief (Questions & Answers)
ABOUT US
RESEARCH
Economics at UTS is a dynamic research group that is committed to the pursuit of excellence in research, teaching and learning, and engagement with public and private sectors. Our mission is to create an internationally significant program of research and graduate education in Economics and Public Policy.
Even with its relatively short history, the group has won recognition for its outstanding research. For example, according to the latest Excellence in Research for Australia (ERA) evaluation undertaken by the Australian Research Council, Economics at UTS was one of only three economic departments in Australia that received the top rating of 5 out of 5 – well above world standard – for the general submission in Economics, as well as in the categories of Economic Theory and Econometrics. Economics at UTS is also highly ranked internationally. It was rated No.1 in Australia in the Thomson Reuters measure of research impact in Economics and Business over a four-year period. In 2018 UTS was ranked in the top 200 Universities worldwide in Economics in the Academic Ranking of World Universities.
Economics Department is located in the magnificent Gehry designed Dr. Chau Chak Wing Building. The Economics Department hosted several prestigious international conferences, including the meeting of Economics Science Association in 2015 and the Australasian Meeting of the Econometric Society in 2016.
The Department runs an active seminar program with more than 50 seminars by national and international speakers per year.
RESEARCH STRENGTHS
The major research strengths of Economics at UTS are in Microeconomic Theory, Behavioural and Experimental Economics, Mechanism and Market Design, Econometric Theory and Bayesian Econometrics, Dynamic Structural Modelling, Applied Econometrics, agent-based and nonlinear dynamic models, and Microeconomics applied to Health, Labour and other areas of Public Policy.
Our research has been funded by the Australian Research Council, the National Health and Medical Research Council, the European Research Council, the US National Science Foundation, and the US National Institutes of Health. PhD and Postdoctoral Fellows who are guided by academic faculty of the Economics Department occupy positions of leadership in major academic and research centers worldwide.
CENTRE FOR POLICY AND MARKET DESIGN
The Centre for Policy and Market Design (CPMD) is an innovative hub for research, teaching, networking, and practical advice. Members from various disciplines within the Business School combine their different backgrounds and expertise in a single centre to facilitate synergistic research collaborations, broaden the fields of research and expertise, and attract attention and funding from external organisations including businesses, policy makers, and governmental agencies.Director: Isa HafalirMembers: Mikhail Anufriev, David Goldbaum, Elif Incekara-Hafalir, Antonio Rosato, Elizabeth Savage, Toru Suzuki, Emil Temnyalov, Kentaro Tomoeda, John Wooders (Deputy Director), Jingjing Zhang and Jun Zhang.
ABOUT US
BEHAVIOURAL LAB
The UTS Behavioural Laboratory offers state-of-the-art equipment and technologies to support researchers to test theoretical models and to provide practitioners with policy recommendations that have been thoroughly tested in controlled experiments.
PHD PROGRAM
In 2014, the Economics Discipline Group launched its course-based PhD Program. The Program aims to produce independent researchers well-prepared for academic and research positions in the best universities and policymaking bodies.
The PhD Program offers a first-rate foundation in economics through a variety of courses taught by internationally renowned scholars, as well as world class research opportunities. This outcome is achieved via a program of core PhD subjects, taken by all students in the first year of the PhD. This sequence of courses in Microeconomics, Macroeconomics and Econometrics provides the concepts and analytical tools required of every economist. Students develop expertise through field study subjects taken in the second year of the program. Students spend the third and fourth year of the program engaged in research and producing a PhD thesis.
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