Event Recap

During this intensive summer program, students heard lectures from UChicago price theory faculty and experienced a series of “Chicago-style” seminars where speakers presented their research in progress. Participants also worked on problem sets in workshops and had opportunities to discuss their own work with some of the world’s leading economists. Participating faculty included UChicago economists Kevin Murphy, Steven Levitt, and John List, as well as Jesse Shapiro of Brown University.

Generous support for this program that covers travel, accommodations, and meals for participants was provided by MarrGwen and Stuart Townsend.

Agenda

Sunday, July 9, 2017

Registration at Campus North Residential Commons

Meet and Greet and Bowling

Monday, July 10, 2017

Opening Announcements

Attendance is mandatory

The Basic Tools of Price Theory – Kevin Murphy

Kevin Murphy,  The George J. Stigler Distinguished Service Professor of Economics Emeritus, Booth School of Business; Co-Director of BFI Price Theory Initiative

Break

Demand Theory in Practice – Kevin Murphy

Kevin Murphy,  The George J. Stigler Distinguished Service Professor of Economics Emeritus, Booth School of Business; Co-Director of BFI Price Theory Initiative

Steve Levitt lecture (joint session with Summer Institute on Field Experiments)

Steve Levitt, The William B. Ogden Distinguished Service Professor in Economics and the College, the Kenneth C. Griffin Department of Economics; Director of BFI Price Theory Initiative

Break

Thought Questions

Tuesday, July 11, 2017

Steve Levitt Lecture

Steve Levitt, The William B. Ogden Distinguished Service Professor in Economics and the College, the Kenneth C. Griffin Department of Economics; Director of BFI Price Theory Initiative

Break

Optimization as an Empirical Tool – Jesse Shapiro

Jesse Shapiro, Brown University

Economic Dynamics in Panel Data – Jesse Shapiro (joint session with Summer Institute on Field Experiments)

Jesse Shapiro, Brown University

Break

Thought Questions

Wednesday, July 12, 2017

Combining Field Experiments and Structural Modeling – John List and Brent Hickman

John List, Kenneth C. Griffin Distinguished Service Professor in Economics and the College, Kenneth C. Griffin Department of Economics; Director of the Chicago Experiments Initiative

Brent Hickman, Queen's University

Break

Capital Goods and Investment – Kevin Murphy

Kevin Murphy,  The George J. Stigler Distinguished Service Professor of Economics Emeritus, Booth School of Business; Co-Director of BFI Price Theory Initiative

Using Field Experiments in Economics – John List (joint session with Summer Institute on Field Experiments)

John List, Kenneth C. Griffin Distinguished Service Professor in Economics and the College, Kenneth C. Griffin Department of Economics; Director of the Chicago Experiments Initiative

Break

Thought Questions

Thursday, July 13, 2017

Steve Levitt lecture

Steve Levitt, The William B. Ogden Distinguished Service Professor in Economics and the College, the Kenneth C. Griffin Department of Economics; Director of BFI Price Theory Initiative

Break

Further Applications of Price Theory (Human Capital and other applications) Kevin Murphy

Kevin Murphy,  The George J. Stigler Distinguished Service Professor of Economics Emeritus, Booth School of Business; Co-Director of BFI Price Theory Initiative

Lunch and Survey