Chairs at the Institute of Economics (ECON)

The colleagues of the Institute of Economics (ECON) mourn the loss of their highly esteemed colleague, Professor Dr. Nora Szech.
To the obituary
Funded by the European Research Council ERC and headed by Johannes Brumm, the SOLG for Policy project started in October 2022 and will be funded for five years.
Solution methods for high-dimensional Stochastic Overlapping Generations (SOLG) models are developed and applied to questions of public debt and pension systems.
To the KIT Press Release
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In interviews with egoFM and tageschau.de , Johannes Brumm takes a position on the pension system, national debt and generational equity.
Interview with egoFM Reflex from 28.10.2022
To the tagesschau article

Hannes Rau and Nora Szech document very worrisome and pressing data on consumption of products made by modern slaves compared to what consumers believe they consume. Please find the talk here and the corresponding slides here.
To the talk
The study by Marta Serra-Garcia and Nora Szech shows that many people prefer to look the other way when it comes to a donation situation. However, as little as 10 cents reward can persuade half of these people to look into the donation opportunity after all - and donate if necessary! The study is published as a featured paper in the top journal Management Science and presented on the Management Science Review Blog.
To the study

The research paper by Nora Szech, Leonie Kühl and David Huber investigates the question of appropriate remuneration of work. "Our study shows that the respective incentive system, work experience, and especially gender have an influence on what wages managers set for their employees" explains Nora Szech.
Bloomberg, Spiegel Online, Business Insider.com, Financial Post, Fortune, Business Insider.jp, Haufe
To the study
Our interdisciplinary graduate school KD2 School, centering around the KD2Lab, has started. Both projects are funded by the German Science Foundation. Our research focus is on adaptive systems, AI, and moral behavior.
Link to the KD2 School
During the KIT anniversary celebration on May 17, the 2022 Fakultätslehrpreise were presented. Prof. Nora Szech and her team were awarded for their varied, research-oriented and particularly interactive teaching program. Due to this concept, Szech's team has managed to deal with the difficult situation around Corona very well, so that the teaching does not suffer at all under the current conditions.
Faculty Teaching Award 2022
The regularly held workshop features excellent researchers in the field of Economics and Finance. More information on the link below.
To the workshop
Talks by excellent researchers in the fields of market design. Jointly with colleagues from the universities of Bonn, Cologne, Sorbonne-Assas and ZEW, Nora Szech organizes the Virtual Market-Desgin Seminar. If you want to participate, please register here.
To the seminar
Nora Szech is interviewed in the TV show alpha Demokratie. She talks about child labor and what politics could do. Another topic is why consumers often chose products made by children even if they are against child labor.
You can find the video in the ARD Mediathek
Information nudges are designed to guide behavior in a particular direction without coercion. One example is the Nutri-Score, which suggests healthy eating. The team of authors around Nora Szech investigates how information nudges and self control work together. The research paper is accepted to be published in the top journal Management Science.
To the study

Marta Serra-Garcia and Nora Szech document that financial incentives can increase Corona vaccination and testing. An easy access helps, too. With these measures also educationally disadvantaged people are reached who are more likely affected by Corona.
n-tv podcast "Ja. Nein. Vielleicht."
To the study
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Berthold Wigger and the Kronberger Kreis published a joint article on economic policy during the corona crisis in „Die Welt“.
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Berthold Wigger and the Kronberger Kreis published a joint article in the "FAZ" on the occasion of the German Day of Unity. Click here to read the article.
FAZ article
The top journal The Review of Economic Studies publishes Nora Szech's study on the diffusion of morality in groups and voting as a featured paper.
Frankfurter Allgemeine Zeitung (FAZ) (Article)
Interview Süddeutsche (SZ) (Video)_rdax_1024x349_98.png)
Berthold Wigger proposes a method to predict students' success via artificial intelligence. To the video.

Clemens Puppe is managing editor of the journal "Social Choice & Welfare" as well as a member of the editorial board of the journal "Economics and Philosophy". Nora Szech is member of the editorial board of the "European Economic Review". In Frontiers in Psychology, she is topic editor of the special issue Honesty and Moral Behavior in Economic Games. To the Call

The HeiKaMaX Workshop on Behavioral and Experimental Economics takes place regularly, jointly organized with the Universities of Heidelberg and Mannheim. The next meeting is in Heidelberg on April 13, 2023. For more information or if you want to participate, please contact Petra Nieken, Philipp Reiss, Clemens Puppe or Nora Szech.

The HeiKaMaxY Workshop for Young Researchers, a workshop on Behavioral Economics and Experiments for young researchers, is jointly organized with the universities of Heidelberg and Mannheim. Interested PhD students, post docs and assistant professors are invited to participate. For more information, please contact Hannes Rau.

Each semester, jointly with the universities of Mannheim and Heidelberg, the HeiKaMEtrics Workshop on Econometrics and Statistics takes place. If you want to participate in upcoming Workshops, please contact Melanie Schienle.

The KIT disposes of an interdisciplinary laboratory following economic standards, funded by the DFG. 40 cubicles allow researchers to analyze economic behavior as well as body-responses. The city marketing reported.