WEDNESDAY, AUGUST 20TH

10:00 - 13:00

Arrival and Check-in, Congress Venue Inselhalle

14:00 - 18:00

Check-in, Congress Venue Inselhalle

19:00 - 22:30

Get-together at the Inselhalle

THURSDAY, AUGUST 21ST

08:30 - 13:00

Check-in, Congress Venue Inselhalle

09:45 - 10:30

Opening of the Meeting by the designated President of the Council Countess Bettina Bernadotte

10:30 - 12:10

Discussion

Panel Discussion
Panel Discussion I: “Systemic Risks in Financial Markets”, Profs. Scholes, Stiglitz, Yunus and McFadden, chaired by David Wessel (Wall Street Journal)

12:20 - 13:00

Lecture

Muhammad Yunus
Social Business is the Solution

13:00 - 14:00

Lunch Break

14:00 - 14:40

Lecture

Myron Scholes
The Role of Liquidity and Risk Transfer Services in the Economy

14:00 - 14:40

Lecture

Edmund Phelps
The Good Life Needs an Economy of Dynamism - Originality, Novelty, and Challenge - and these depend on Attitudes as much as Institutions

14:50 - 15:30

Lecture

George Akerlof
Identity and Economics

14:50 - 15:30

Lecture

Robert Aumann
Rule Rationality vs. Act Rationality

15:30 - 16:00

Break and Transfer

16:00 - 18:00

Discussion

Panel Discussion
Student Discussions: Prof. Yunus, Prof. Phelps, Prof. Scholes, Prof. Aumann, Prof. Akerlof, Prof. Fogel

19:30 - 22:00

Dinner at various restaurants for Laureates and Participants

FRIDAY, AUGUST 22ND

08:30 - 13:00

Check-in, Congress Venue Inselhalle

09:00 - 09:40

Lecture

Robert Fogel
Forecasting Changes in the Cost of Health Care: 2000-2040

09:00 - 09:40

Lecture

Robert Mundell
The Exchange Rate Mess and the Challenge of International Monetary Reform

09:50 - 10:30

Lecture

Daniel McFadden
The Human Side of Mechanism Design

09:50 - 10:30

Lecture

Finn Kydland
From Dynamic Inconsistency to Models with People

10:40 - 11:20

Lecture

Sir Clive Granger
Evaluation of Global Models

10:40 - 11:20

Lecture

Reinhard Selten
Experimental Results on the Process of Goal Formation and Aspiration Adaptation

11:20 - 11:50

Break

11:50 - 12:30

Lecture

Robert Solow
Low-wage Work in Europe and America

11:50 - 12:30

Lecture

John Nash Jr.
Ideal Money and Asymptotically Ideal Money

12:40 - 13:20

Lecture

Roger B. Myerson
Leadership, Trust, and Power: Dynamic Moral Hazard in High Office

12:40 - 13:20

Lecture

Joseph Stiglitz
The Global Financial Crisis: Lessons for Policy and Implications for Economic Theory

13:20 - 14:45

Lunch Break

14:00 - 17:00

Check-in, Congress Venue Inselhalle

14:45 - 17:15

Discussion

Panel Discussion
Student Discussions: Prof. McFadden, Prof. Granger, Prof. Kydland, Prof. Myerson, Dr. Nash, Prof. Selten, Prof. Stiglitz, Prof. Solow

SATURDAY, AUGUST 23RD

08:00 - 10:00

Departure by bus from Lindau

10:00 - 10:15

Arrival at the University of St. Gallen (HSG), St. Gallen

10:15 - 13:00

Discussion

Panel Discussion
Closing Panel Discussion at the University: Globalization, Technical Progress and Labor Markets—Causes and Consequences of the Bifurcation of Wages and Income, Profs. Solow, Akerlof, Kydland and Fogel, chaired by Prof. Martin Wolf (Financial Times)

13:00 - 14:30

Lunch Break

14:30 - 17:00

Transfer by Bus to Rorschach and Trip by Boat to the Isle of Mainau

17:30 - 18:00

Farewell Ceremony and Conclusion of the Meeting at the Castle by the designated President of the Coucil, Countess Bettina Bernadotte

18:00 - 19:00

Tour of the Isle of Mainau and return to Lindau by boat (for Students). Dinner on board.