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Mittwoch, 23. Mai 2018
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VHB Gruppe




80. Pfingsttagung des VHB

23. bis 25. Mai 2018 in Magdeburg




Wissenschaftliche Kommissionen

Experimental Research and Behavioral Decision Making


Various robust deviations from rational decision making have been reported such as loss aversion, probability weighting, status quo bias, overconfidence etc. Understanding those deviations leads to a more realistic modelling of the behavior of different economic actors and to an increased prediction success. In this course, participants will understand those and other important deviations from rationality as well as their theoretical explanations/modelling, e.g., prospect theory and mental accounting. Most theories have been developed implementing psychological and economic experiments. Whereas psychological experiments are mostly asking the respondents for hypothetical choices, real decisions with actual monetary payoffs are implemented in economic experiments. Half of the course will be concerned with a profound introduction to the several deviations from rationality that have been reported with real decision makers and with the theoretical treatment of those deviations. The other half of the course will deal with different types of experiments and different experimental designs as well as the matching of research question and type of empirical method to be used.



Date of Event:

26. - 29. September 2017




Tagungsstätte der Max-Planck-Gesellschaft

Ihnestr. 16-20

14195 Berlin



Prof. Dr. Christian D. Schade, Humboldt-Universität zu Berlin


Email: cds(at)



The deadline for registration is 10 September 2017.

Please click on the link to open the registration form:

or send an email to prodok(at)vhbonline(dot)org.