3rd Lindau Meeting on Economic Sciences - Meeting Programme

WEDNESDAY, 20 AUGUST

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, 21 AUGUST

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, 22 AUGUST

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, 23 AUGUST

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.