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Economic Engineering of Human Cooperation and Competition

Leibniz lecture by Prof. Dr. Axel Ockenfels in New York

What do climate change, shortage of organ donors, and traffic congestion have in common? They can all be addressed with behavioral economics. In his lecture (Tuesday, October 23, 2018, New York), Professor Dr. Axel Ockenfels (Leibniz Prize recipient) will show how market rules can be engineered to promote cooperation and trust even in large communities and to encourage competition in small markets. Professor Ockenfels’ focus will be on human behavior in markets, which responds to market rules, but rarely in a fully rational way. He will show how market design can take on real-world challenges. 

This event is part of the Year of German-American Friendship 2018/19 ("Deutschlandjahr USA"), an initiative aiming to strengthen the friendship between Germany and the US. From October 2018 until the end of 2019, in over 1,000 events in 50 states, the campaign Wunderbar Together will celebrate the deep cultural and historical ties between Germany and the US, highlighting the shared values of democracy and freedom. This initiative is funded by the German Federal Foreign Office, implemented by the Goethe-Institut, and supported by the Federation of German Industries (BDI).