Academy of Behavioral Economics 2019
Decision making in the age of A.I.
Decision making in the age of A.I.
Digital technologies aren’t just reshaping entire business models and sectors of the economy – they’re also radically changing human behaviour. New technologies demand new skills and ways of thinking. But how can companies prepare their employees for this upheaval? How will consumption, compliance and cooperation change? And how can behavioral economics research support us during the technological revolution?
Digital technologies aren’t just reshaping entire business models and sectors of the economy – they’re also radically changing human behaviour. New technologies demand new skills and ways of thinking. But how can companies prepare their employees for this upheaval? How will consumption, compliance and cooperation change? And how can behavioral economics research support us during the technological revolution?
The Academy and the Summer School are aimed at decision-makers, thinkers and consultants working in economics, politics and society. They offer insights into human behavior, which is only partially rational, and its role in and consequences for companies, markets and society. The findings of behavioral economics are not only revolutionising science; those who draw the right lessons from typical behavioral patterns gain a strategic advantage for their organisations.? In addition, FehrAdvice & Partners AG will conduct the Behavioral Economics Summer School for the first time on 27 June 2019. This gives you the unique opportunity to design and to review evidence-based prototypes together with the top management of other companies and industries.
The basis for this day is the Behavioral Design approach of FehrAdvice & Partners AG, which introduces the world of experimentation in a simple and intuitive way. Find out how knowledge about human behavior and design can improve your results in an increasingly digital world. This is the promising basis of the #experimentability, the most important management resource of the 21st century.
Three reasons to participate:
1. Up-and-coming talents and the most influential behavioral economists from around the world will be presenting their latest research findings in a unique context ?
2. Speakers from diverse areas of industry will be addressing controversial issues
3. You will learn how insights into human behavior can be used to the benefit of companies, as well as for the (re)structuring of market.
Speakers
Alex Pentland
USA
Professor at Massachusetts Institute of Technology. Pentland is one of the world's most-cited computational scientists, advises among others the UN, Google and AT&T. Forbes selected him as one of the "7 most powerful data scientists in the world". He helped create and direct the MIT Media Lab and the Media Lab Asia in India.
Francesca Gino
USA
Professor of business administration at Harvard Business School. Gino’s research focuses on judgment and decision-making, negotiation, ethics, motivation, productivity, and creativity. Her work has been published in top academic journals, as well as in numerous books. She co-chairs an HBS Executive Education program on applying behavioral economics to organisational problems.
John Van Reenen
USA
John Van Reenen is the Gordon Y Billard Professor in Management and Economics and is jointly appointed as Professor of Applied Economics at the MIT Sloan School of Management and in the Department of Economics. Van Reenen has published widely on the economics of innovation, labor markets and productivity. He has been a senior policy advisor to the Secretary of State for Health, Downing Street, and for many international organizations.
Christina Gravert
Denmark
John Van Reenen is the Gordon Y Billard Professor in Management and Economics and is jointly appointed as Professor of Applied Economics at the MIT Sloan School of Management and in the Department of Economics. Van Reenen has published widely on the economics of innovation, labor markets and productivity. He has been a senior policy advisor to the Secretary of State for Health, Downing Street, and for many international organizations.
Dina Pomeranz
Switzerland
Dina Pomeranz is an Assistant Professor at the Institute of Economics at the University of Zurich. Her research focuses on public finances and institutions in developing countries. In addition to her research, she is involved in various organizations for evidence-based policy-making.
Michael Schrage
USA
Fellow with MIT Sloan School's Initiative on the Digital Economy. Michael Schrage explores how models and simulations change the way organizations collaborate to innovate. Besides he is a reference book author and works as a consultant for various companies. His customers are among others Prudential, Microsoft, Amazon, Mars and Google.
Ernst Fehr
Switzerland
Professor of Microeconomics and Experimental Economics. Fehr is director of the Department of Economics at the University of Zurich and a member of the board of directors of FehrAdvice & Partners. The “most influential Swiss economist” (NZZ) was recipient of the Gottlieb Duttweiler Prize in 2013.
Alexander Wagner
Switzerland
Professor of Finance at the Institute of Swiss Finance at the University of Zurich. He studied economics and law in his hometown Linz, Austria, and later obtained his PhD in Political Economy from Harvard University. Wagner’s research focuses on corporate governance and behavioral finance. He is an independent counsel for PwC.
Shlomo Benartzi
USA
Professor and co-chair of the Behavioral Decision-Making Group at UCLA's Anderson School of Management. He is the author of "Save More Tomorrow" and "Thinking Smarter" and has extensive experience applying behavioural economic insights in the real world, having increased the saving rates of millions of Americans through his work with Richard Thaler (author of Nudge) on "Save More Tomorrow", and has advised many government agencies and businesses.
Dan Goldstein
USA
Principal researcher at Microsoft Research in New York. Goldstein researches online behaviour and human decision theory. He holds a doctorate in psychology from the University of Chicago and is a sought-after speaker at conferences and management events.
Martin Kocher
Austria
Scientific Director of the Institute for Advanced Studies in Vienna, Professor of Behavioural Economics at the University of Vienna. Kocher's career includes professorships and scientific positions at universities in Munich, East Anglia, Amsterdam, Brisbane, Gothenburg and Innsbruck. He was dean and academic dean at the Ludwigs-Maximilian-Universität Munich.
Daniel Schunk
Germany
Daniel Schunk is a professor of public and behavioral economics at the Johannes Gutenberg University Mainz (Germany) and a permanent research fellow at the University of Zurich (Switzerland). His research focuses on experimental and behavioral economics, on economics of education and on public policy. Beyond his work in economics, he maintains active collaborations with neuroscientists, psychologists, geneticists as well as bioinformaticians.
Gerhard Fehr
Switzerland
CEO and Executive Behavioral Designer at FehrAdvice & Partners. Fehr advises politicians, board members, CEOs and top managers of large companies. Fehr graduated from the University of Vienna with a degree in business administration and has more than 10 years of management experience.
David Bosshart
Switzerland
Dr. David Bosshart was CEO of the GDI Gottlieb Duttweiler Institute for consumption, economic and social studies from 1999 to 2020. Since 2020 he has been President of the G. and A. Duttweiler Foundation.
Moderator
Florian Inhauser
Switzerland
Journalist and moderator. Florian Inhauser presents the main newscast at Swiss Broadcasting Corporation, SRF and he is also the anchor of the foreign news magazine «#SRFglobal». With a master in history and anglistics he speaks English fluently. He has also an excellent reputation as an international correspondent, covering conflicts and crises around the globe.
Programme
08.00
Open doors and welcome coffee
08.30 – 09.00
Welcome and introduction by Florian Inhauser, SRF (Moderator)
Interview with David Bosshart (GDI)
Moderator: Florian Inhauser
Opening keynote: What is AI? Where do we stand?
Dan Goldstein
Session I: «Rising Stars» of Behavioral Economics – latest research insights
09.00 – 09.20
The role of technology in the context of inequality
Dina Pomeranz
09.20 – 09.40
Humans and algorythms
Alexander Wagner
09.40 – 10.00
Nudging through machines and technology
Christina Gravert
10.00 – 10.15
Discussion with participants
Moderator: Florian Inhauser
10.15 – 10.30
Outlook into practice by FehrAdvice & Partners AG
Gerhard Fehr
10.30
Break
Session II: Insights From Practics: How Digitisation and AI are Transforming Companies
11.00 – 11.15
Patrick Hunger (CEO Saxo Bank Switzerland)
11.15 – 11.30
Hans-Peter Noll (Chairman Stiftung Zollverein)
11.30 – 11.45
Gerold Riedmann (Managing Director Russmedia)
11.45 – 12.15
Panel discussion
Moderator: Florian Inhauser
12.30
Flying lunch
Session III: How to Benefit from AI, Digitisation and Behavioral Economics – What Can Be Done in the Future?
14.00
Introduction
14.05 – 14.35
How to benefit from AI?
Francesca Gino
14.35 – 15.05
Better decision making in AI
John Michael Van Reenen
15.05 – 15.35
Which skills will we need in the future?
Daniel Schunk
15.35
Break
16.00 – 16.30
Decision making of individuals with AI
Shlomo Benartzi
16.30 – 17.00
Corporate Culture – Why we still need "soft" factors
Ernst Fehr
17.00 – 17.30
What does the future hold?
Alex Sandy Pentland
17.30– 17.50
Final statement
Gerhard Fehr
Dinner-Session
from ca. 19.00 Uhr
Lightweight, high impact
Exploring And Exploiting The Exponetial Economics of Experimentation
Michael Schrage
Information
Date
30. Januar 2019
Language
German/English (no simultaneous translation)
Changes to the programme
The programme is subject to change. If an event does not take place, fees will be refunded. Further claims are ruled out.
Sign-out
If you are unable to attend, please let us have your cancellation in writing. The fee will be reimbursed on cancellation thirty or more days before the event. After this term and until five full working days prior to the event we will charge 75% of the fee. In the event of later cancellations we will charge the full participation fee. Substitute participants welcome.
Hotel reservation
Hotel Sedartis, Thalwil: info@sedartis.ch
Hotel Belvoir, Rüschlikon: info@hotel-belvoir.ch
Transport
From Zurich Airport
By taxi you can reach the GDI and the conference hotels in around 45 minutes at a price of around CHF 100, depending on the traffic situation. The S-Bahn will take you quickly and comfortably to Zurich and Thalwil station.
Luggage
You are welcome to leave your luggage at the GDI information desk.
Parking
Für directions by car we published on our website a Directions will be provided. The parking deck is a 5 minute walk from the GDI, on Zürcherstrasse 4, 8803 Rüschlikon. A free parking ticket will be handed out at our front desk.
Venue
Fees
Early Bird Special incl. Summer School: CHF 2250 (up to 31 October 2018)
Early Bird Special excl. Summer School: CHF 1900 (up to 31 October 2018)
Full price incl. Summer School: CHF 2850 (from 1 November 2018)
Full price excl. Summer School: CHF 2500 (from 1 November 2018)
If you are unable to attend, please let us have your cancellation in writing. The fee will be reimbursed on cancellation thirty or more days before the event. After this term and until five full working days prior to the event we will charge 75% of the fee. In the event of later cancellations we will charge the full participation fee. Substitute participants welcome.
Documentation
Testimonials
About the Academy of Behavioral Economics
The Academy is aimed at decision-makers, thinkers and consultants working in economics, politics and society. And it is organised in cooperation with Fehr Advice The Academy of Behavioral Economics offers a unique arena in which to discover the latest exciting research findings from top international behavioral economists and discuss the impact of new technologies on your business, customers and employees with well-known politicians and economists. The Academy is also a hub for pioneers and new trends in behavioral economics and offers a platform for young, up-and-coming talents. The Academy is aimed at decision-makers, thinkers and consultants working in economics, politics and society. It offer insights into human behavior, which is only partially rational, and its role in and consequences for companies, markets and society.
Previous conferences
Location
GDI Gottlieb Duttweiler Institute
8803 Rüschlikon
Switzerland