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Cornell / LSE / MIT Conference

Behavioral Economics, Public Economics and Development Economics

May 28th and 29th, 2004


Organisers: Ravi Kanbur, Sendhil Mullainathan, Tim Besley
Conference Administrator: Kate Perry (k.perry@lse.ac.uk)
Location: Michio Morishima Room (R505)
LSE Research Laboratory
Lionel Robbins Building
entrance in 10 Portugal Street
London WC2.

Summary of the Conference [download pdf]


Participants arrive May 27

8.30 - 9.00 am Registration and Welcome
9.00 - 9.30 am Session I: Opening
Timothy Besley, Ravi Kanbur, Sendhil Mullainathan
9.30 - 10.45 am Session II: Behavioral Economics (1)
Glenn Loury "A theory of identity."
[click here to download the paper]

Abhijit Banerjee and Sendhil Mullainathan "Motivation and poverty."
10.45 - 11.15 am Coffee break
11.15 - 12.30 am Session III: Public Economics (1)
Christian Zehnder [co-authors Armin Falk and Ernst Fehr] "The behavioral effects of minimum wages."
[click here to download the paper]

Erica Field "Educational debt burden and career choice: evidence from a financial aid experiment at NYU Law School."
[click here to download the paper]
12.30 - 2.00 pm Lunch
2.00 - 3.45 pm Session IV: Development Economics (1)
Caroline Freund and Caglar Ozden "Lobbying for protection: A behavioral approach."
[click here to download the paper]

Marcel Fafchamps and Forhad Shilpi "Subjective wellbeing and isolation."
[click here to download the paper]

Raji Jayaraman "Deconstructing domestic violence."
3.45 - 4.15 pm Coffee break
4.15 - 5.30 pm Session V: Public Economics (2)
Matti Tuomala, Ravi Kanbur and Jukka Pirttila "Moral hazard, income taxation and prospect theory."
[click here to download the paper]

Tom Russell, Howard Kunreuther and Mark Pauly "Public/private partnerships for catastrophic insurance: some behavioral issues."
[click here to download the paper]

9.00 - 10.45 am Session VI: Public Economics (3)
Lorne Carmichael and Bentley Macleod "Welfare Economics with Intransitive Revealed Preferences: A Theory of the Endowment Effect."
[click here to download the paper]

Ed McCaffery and Jonathan Baron "Uncovered hidden taxes and indirect effects."
[click here to download the paper]

Ted O'Donoghue and Matthew Rabin "Optimal sin taxes."
[click here to download the paper]
10.45 - 11.15 am Coffee break
11.15 - 12.30 am Session VII: Development Economics (2)
Karla Hoff and Priyanka Pandey "Why are social inequalities so durable? An experimental test of the effects of Indian caste on performance."
[click here to download the paper]

Dean Karlan "Using experimental economics to measure social capital and predict financial decisions."
[click here to download the paper]
12.30 - 2.00 pm Lunch
2.00 - 3.15 pm Session VIII: Development Economics (3)
Esther Duflo and Michael Kremer "Understanding technology adoption: Fertilizer in Western Kenya-preliminary results from field experiments."
[click here to download the paper]
[click here to download tables]

Ted Miguel and Michael Kremer "Networks, social learning and technology adoption: the case of deworming in Kenya."
[click here to download the paper]
3.15 - 3.45 pm Coffee break
3.45 - 4.25 pm Session IX: Behavioral Economics (2)
Luis Rayo and Gary Becker "Evolutionary Efficiency and Mean Reversion in Happiness."
[click here to download the paper]
4.25 - 5.25 pm Session X: Overview and the Way Forward
Pranab Bardhan and Matthew Rabin


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