5th Lindau Meeting on Economic Sciences - Meeting Programme

TUESDAY, 19 AUGUST

12:00 - 20:00	Registration
18:30 - 22:00	Dinner

WEDNESDAY, 20 AUGUST

08:30 - 09:00	Lecture	Lars Peter Hansen Uncertainty and Valuation
09:00 - 09:30	Lecture	Alvin E. Roth Repugnant Markets and Prohibited Transactions
09:30 - 10:00	Lecture	Edmund S. Phelps Bringing Dynamism, Homegrown Innovation and Human Flourishing into Economics
10:00 - 10:30	Coffee Break
10:30 - 11:00	Lecture	Christopher A. Sims Inflation, Fear of Inflation, and Public Debt
11:00 - 11:30	Lecture	Vernon L. Smith Rethinking Market Experiments in the Shadow of Recessions: The Good and the Sometimes Ugly; Propositions on Recessions
11:30 - 14:00	Lunch Break
14:00 - 15:00	Lecture	Opening Ceremony Opening Ceremony of the 5th Lindau Nobel Laureate Meeting on Economic Sciences.
15:00 - 15:30	Break
16:00 - 17:30	Discussion	Discussions Discussions with Laureates Hansen, Phelps, Roth, Sims, Smith
17:00 - 20:00	Break
20:00 - 23:00	International Get-Together

THURSDAY, 21 AUGUST

07:00 - 09:00	Discussion	Science Breakfast Paths to Innovation: Restoring Grassroots Dynamism to Address Global Challenges; Hosted by Mars, Incorporated - Upon invitation only
09:00 - 09:30	Lecture	Joseph E. Stiglitz Inequality, Wealth, and Growth: Why Capitalism is Failing
09:30 - 10:00	Lecture	Eric S. Maskin Why Haven’t Global Markets Reduced Inequality in Developing Economies?
10:00 - 10:30	Lecture	Finn E. Kydland Economic Policy and the Growth of Nations
10:30 - 11:30	Coffee Break
11:30 - 12:00	Lecture	Robert J. Aumann Collectives as Individuals
12:00 - 12:30	Lecture	Reinhard Selten From Learning Direction Theory to Generalized Impulse Balance
12:30 - 13:00	Lecture	William F. Sharpe Economic Analysis of Retirement Income Strategies
13:00 - 15:00	Lunch Break
15:00 - 16:30	Discussion	Panel Discussion The Future of Econometrics: Structural Restrictions, Parametric Methods and Big Data; Panelists Hansen, McFadden, Sims
16:30 - 17:00	Break
17:00 - 18:30	Discussion	Master Classes Master Classes with Myerson and Hansen
17:00 - 18:30	Discussion	Discussions Discussions with Laureates Aumann, Kydland, Maskin, Selten, Sharpe, Stiglitz
18:30 - 19:00	Break
19:00 - 20:00	Lecture	Mario Vargas Llosa Confessions of a Latin American Liberal
20:00 - 23:00	Dinner and Free Evening

FRIDAY, 22 AUGUST

07:00 - 09:00	Discussion	Science Breakfast Innovation from the Edge - How could we possibly solve the “Innovator’s Dilemma” through the Power of Diversity?; Hosted by SAP SE - Upon invitation only
07:00 - 09:00	Discussion	Science Breakfast Banking and Banking Regulation after the Financial Crisis; Hosted by UBS AG - Upon invitation only
09:00 - 09:30	Lecture	Robert C. Merton Measuring the Connectedness of the Financial System: Implications for Systemic Risk Measurement and Management
09:30 - 10:00	Lecture	Daniel L. McFadden The New Science of Pleasure
10:00 - 10:30	Lecture	Sir James A. Mirrlees Some Interesting Taxes and Subsidies
10:30 - 11:30	Coffee Break
11:30 - 12:00	Lecture	Roger B. Myerson Moral-Hazard Credit Cycles with Risk-Averse Agents
12:00 - 12:30	Lecture	Edward C. Prescott The Revolution in Aggregate Economics
12:30 - 13:00	Lecture	Peter A. Diamond Unemployment
13:00 - 15:00	Lunch Break
15:00 - 16:30	Discussion	Panel Discussion Strategic Behavior, Incentives, and Mechanism Design; Panelists Maskin, Mirrlees, Myerson
16:30 - 17:00	Break
17:00 - 18:30	Discussion	Discussions Discussions with Laureates Diamond, McFadden, Merton, Mirrlees, Myerson, Prescott
18:30 - 20:00	Break
20:00 - 23:00	Bavarian Evening supported by the Free State of Bavaria

SATURDAY, 23 AUGUST

07:15 - 10:20	Boat Trip to Mainau Island supported by SAP SE
11:00 - 13:00	Discussion	Panel Discussion How Useful is Economics - How is Economics Useful? Panelists Diamond, Merton, Roth
13:00 - 15:15	Lunch Break
15:15 - 15:45	Farewell Ceremony
16:15 - 18:30	Boat Trip to Lindau supported by SAP SE

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