London Experimental Workshop

Lead Research Organisation: Middlesex University
Department Name: Business School

Abstract

The proposal is to set up three workshops every year: spring, autumn and winter. Each of them will be devoted to respectively to "Labour markets and virtual organizations", "Tacit and explicit collusion in markets" and "The emergence of social preferences". Each workshop will be held in a different institution (rotating between Middlesex, Queen Mary and Royal Holloway). Including the Opening session, we will have 10 events.

Every workshop will host 2 or 3 international speakers. Participants will be drawn mainly from Faculty, Masters and PhD programmes in the participant Universities, other Universities in the UK (mainly in London), selected legal and commercial firms, Government bodies and NGOs.

Description of topics:

Labor markets (including gender issues) and virtual organizations: Recent literature in labour markets has studied the issue of gift exchange. For example, if workers respond positively when their employers are pleasant and show reciprocal behavior in effort. Another avenue of research connects payoff schemes and performance, that is, if workers are more productive under piece-rate incentives. This innovative research is run in laboratory settings where participants receive real monetary incentives to perform tasks.

Tacit and explicit collusion in markets: Advancing our understanding of when cartels form and how they behave is crucial in developing a competition policy. In words, how and when tacit and explicit collusion arises. Although in practical competition policy, there is a significant distinction between explicit (illegal) and tacit collusion (legal) along the economic models, however, there is almost no distinction between these two types of collusion. In this seminar series we plan to foster discussion aimed at understanding when explicit collusion is significantly more profitable than tacit collusion - and thus when illegal cartels are likely to form.

Emergence of social preferences: How important is the welfare of others for the individuals? Inequity aversion, redistribution, fairness considerations or pure altruism are crucial keywords for a proper definition of Social Preferences. During the last 20 years, experimental economics has systematically shown that subjects are usually not genuinely selfish but altruistic. Yet several open questions remain regarding how, and under what circumstances, social preferences form. For example, are social preferences determined by nature or nurture? Are children naturally inequity averse? Is the current level of social integration in society relevant to forming social preferences? The aim of this workshop is to facilitate a research discussion that would lead to a better understanding of some of these questions.

Planned Impact

Our seminar series focuses on three areas, "Labor markets (including gender issues) and virtual organizations," "Tacit and explicit collusion in markets," and "Emergence of social preferences". All are topical research areas in experimental economics with clear real- world applications.

Who will benefit from this research?

- Final users (i.e. Government, Regulators) and researchers from consumer groups, charities, NGOs and managers in the commercial and financial sectors.
- Our workshop aims to bring the final user closer to the research world, while highlighting recent advances in experimental economic methodology and its real-world applications.

How will they benefit from this research?

Topic One
- Employers have recently invested in tools where they can monitor worker activity on the internet.
- These costs are a substantial drain on firm efficiency. Hence the more direct benefit of this line of research will be to firms.

Topic Two
- Collusion is a perennial problem in markets
- Regulators are increasingly looking for ways to understand why and how it occurs.
- What types of policies will deter them from forming.
- Regulators will be the final users of this topic.

Topic Three
- Understanding social preferences is important in understanding altruism, and creating strong institutions (legal, social, health and educational) as well as the voluntary sector (charities, NGOs etc)
- The application of this research field is huge: from childhood obesity to discrimination, social integration (vs. isolation) and other related topic.
- Potential users of this topic: National Council for Voluntary Organisations, Department for Education (UK Government), NGOs and INGOs.

Publications

10 25 50
 
Description Our grant is for the organization of an international conference on Experimental and Behavioural Economics.

Behavioural and Experimental Economics are becoming major fields in Economics. Behavioural economics experiments are gaining visibility and traction not only in academic research but also among public decision-makers and private practitioners.

This grant has generated a number of outcomes

1. Put London as a central place in BehEco in Europe.

2. Facilitated the creation of the The London Behavioral and Experimental Group (LBEG), a network of behavioural and experimental economists based in the London universities

3. Has launched the London PhD Experimental workshop (LPEx). The LPEx has become in core place for interaction and spread of ideas for PhD students in the field.

All in all, the LEW has launched a series of innovative knowledge exchange activities during 3 years (2014, 2015 and 2016), including: Conferences, Seminars, Book Presentations, Academics-Practitioners Workshops, PhD Students Meetings, and similar.

Venues and initiatives will be spread across the various London universities, including: London School of Economics, Middlesex University London, University College London, Royal Holloway University London.

It has been a huge success.
Exploitation Route Before this workshop, academics did not know professionals working in closed fields (idem in the other way around). These conversations have already bridged these two (until then) separated worlds. In the following years we will see joint projects and efforts that were started precisely because this workshop.
Sectors Communities and Social Services/Policy,Creative Economy,Education,Financial Services, and Management Consultancy,Government, Democracy and Justice,Retail,Other

URL https://sites.google.com/site/pablobranasgarza/lew
 
Description After being running the workshops for three years and given the enormous interest in Behavioural Economics (and Nudging) in the Cabinet and also among large corporations, in late 2015, we started a conversation with policy makers and professionals. In fact, in December 2015, we organized the LEW Better Policies / Better Lives: Evidence based Policies, at Middlesex University London (see more details in Engagement Activities). A round table with * Dan Berry: Behavioural Insights Advisor, NHS England Strategy Group; * Tim Chadborn: Behavioural Insight Lead Researcher, Public Health England; * Benedikt Herrmann: Team Leader, Behavioural Economics Team, Health, Consumer Protection, European Commission; * Alison Mclean: Head, Behavioural Research, Swiss Re; * and representatives of LSE, Middlesex and UCL. We were discussing about experimental design, data analysis, about how to enhance the interaction between academic and policy makers, etc.. All in all, Its was extremely useful. More information is available here: https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjdiYWM1MDg0ODY0NmU0NGY If the link does not work there is a copy of the file here: https://sites.google.com/site/pablobranasgarza/lew
First Year Of Impact 2016
Sector Communities and Social Services/Policy,Education,Financial Services, and Management Consultancy,Healthcare,Leisure Activities, including Sports, Recreation and Tourism,Government, Democracy and Justice,Pharmaceuticals and Medical Biotechnology,Retail,Other
Impact Types Economic,Policy & public services

 
Description "Academics and professionals designing better policies"
Geographic Reach Europe 
Policy Influence Type Influenced training of practitioners or researchers
URL http://leweek.co.uk/
 
Description LEW Better Policies / Better Lives: Evidence based Policies 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact In the last years, Randomized Control Trials have become a key tool to explore effectiveness of policies/interventions. This workshop, conducted at Middlesex University London in Dec 1-3, was aimed to inform how RCTs may help to design Better Policies and therefore Better Lives. We were able to attract 5 types of participants/audiences:

1. Two world authorities in the fields: Orazio Attanasio (UCL) and Stepfan Dercon (DFID).

2. Academics running RCTS in developing countries from several renowned institutions (Minnesota, Bonn, World Bank, European Bank for Reconstruction and Development, etc.)

3. A dozen of top officers from Governs in developing countries (Ghana, Zambia, S. Korea, Trinidad & Tobago.) who are already using Behavioural Economics to design tools.

4. Representatives of Behavioural Teams: Dan Berry: Behavioural Insights Advisor, NHS England Strategy Group; Tim Chadborn: Behavioural Insight Lead Researcher, Public Health England; Benedikt Herrmann: Team Leader, Behavioural Economics Team, Health, Consumer Protection, European Commission; Alison Mclean: Head, Behavioural Research, Swiss Re;

5. Academics with new interests for the applied side of the Beh Economics.

Details of the program can be found here (note 1): https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjY2ZTUwMzk5NmFmM2ExMmI

The list of participants is available here: https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OmM4N2ZhOTM4MDU5YTFmMQ

Note 1: If that link does not work, the files can be downloaded from here: https://sites.google.com/site/pablobranasgarza/lew
Year(s) Of Engagement Activity 2015
URL https://sites.google.com/site/pablobranasgarza/lew
 
Description London Experimental Workshop (LEW) 2014 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? Yes
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Experimental economics is a multidisciplinary and rapidly expanding research area in economics that has disciplinary links with psychology, sociology, anthropology and law. The LEW has been organized as an inter-university seminar series in the London area between Middlesex, Queen Mary and Royal Holloway Universities.

The workshop works as a discussion platform in the area of experimental and behavioral economics. The seminar series proposes to bring together multidisciplinary researchers from the U.K. and abroad together with leaders in the field on a regular basis to share their current research. The ultimate goal is to establish a London based network of experimental economists.

The workshops address three areas that have important economic and efficiency consequences. The areas chosen for the LEW are important in understanding the institutions and firms in the society.

First, Labour markets and virtual organization is about workers, organization of teams, incentives, etc. For example, a key concern for many organizations in recent years has been productivity losses due to internet use at the workplace.

Our second topic, Collusion, addresses a perennial problem in markets where regulators could benefit from a better understanding of why and how it occurs.

Lastly, the third topic The Emergence of Social Preferences sheds light on important social phenomenon such as charity and the institutions that we adopt in our society.

The LEW2014 edition was organized in 4 days. The three workshops were organized together around an unique conference to maximize visibility. The first day we had the inaugural conference, by Prof. Rosemarie Nagel, Pompeu Fabra University, 'The Economic Engineer arrives to the keynesian Beauty Contest Game'. This was followed by the workshop on the 2nd, 3rd and 4th days. In every workshop we had three guest speakers. All the invited speakers have made significant contributions in understanding the main areas of the workshop.

The complete program can be downloaded here (see note 1):
https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OmY4NmI1NjcyNGVjMzA1Zg

The plenary sessions were interspersed with regular presentations made up of submitted papers. Note that young researchers from the UK were encouraged to submit their research and attend the conference. The sessions were organized around specific topics (for example Cooperation, trust and equality, Honesty, etc. ).

The list of participants is available here (see Note 1): https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjYyM2M0MmM3ZTQxMmQ4M2U

Note 1: all files are available here: https://sites.google.com/site/pablobranasgarza/lew



Output:

* Our workshop has brought attention to London as a reference point for behavioral and experimental economists.

* World-class conferences in London area have been delivered.

* We have provided an academic and rigorous platform where London based researchers can present their work.

* The chances of young researchers (including PhD students) to interact with established researchers have been enhanced.

* The academic connections from London to the world has been established a
Year(s) Of Engagement Activity 2014
URL https://sites.google.com/site/pablobranasgarza/lew
 
Description London Experimental Workshop (LEW) 2015a 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Postgraduate students
Results and Impact Experimental economics is a multidisciplinary and rapidly expanding research area in economics that has disciplinary links with psychology, sociology, anthropology and law. The LEW has been organized as an inter-university seminar series in the London area between Middlesex, Queen Mary and Royal Holloway Universities.

The workshop works as a discussion platform in the area of experimental and behavioral economics. The seminar series proposes to bring together multidisciplinary researchers from the U.K. and abroad together with leaders in the field on a regular basis to share their current research. The ultimate goal is to establish a London based network of experimental economists.

The workshops address three areas that have important economic and efficiency consequences. 1) Labour markets and virtual organization; 2) Collusion, addresses a perennial problem in markets; 3) The Emergence of Social Preferences.

The LEW2015a edition was organized at Royal Holloway and focused on topic 1 (Labour) and 2 (Collusion). We have 6 international speakers and about 60 participants from UK (Middlesex, Royal Holloway, LSE, IC, Exeter, Nottingham, Warwick, UEA, Westminster, QMU, LISER, Southampton, etc.) and abroad universities (Caltech, Bonn, Columbia, ENSAE, Jaume I, Milan, Dijon, Ben Gurion, etc.).

* Invited Talk I: Colin Camerer, Caltech, "A causal effect of testosterone on cognitive reflection"
* Invited Talk II: Arno Riedl, Maastricht University, "The spillover effect of institutions on cooperative norms, preferences, and beliefs"
* Invited Talk III: Brit Grosskopt, University of Exeter; "The demand for emotion expression and the effect of induced emotions on pro-social behaviour"
* Invited Talk IV: Nikos Georgantzis, University of Reading "Location as a procompetitive or collusion-facilitating device"
* Invited Talk V: Hans-Theo Normann, DICE Dusseldorf, "Communication in Vertical Markets: Experimental Evidence"
* Invited Talk VI: Joseph Harrington, Wharton University, "Communication and Collusion: Evaluating Coordinating Practices with Experiments"

The plenary sessions were interspersed with regular presentations made up of submitted papers. Note that young researchers from the UK were encouraged to submit their research and attend the conference. The sessions were organized around specific topics (for example Mergers, Cooperation, Trust, etc. ). The complete program can be downloaded here (see note 1):

https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjIxZjg1OTRhMDE0MjAyY2U

The list of participants is available here: https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjZiZDY0NDM4MWExYWUzMDQ

Note 1: all files are available here: https://sites.google.com/site/pablobranasgarza/lew

ccccccc
Year(s) Of Engagement Activity 2015
URL https://sites.google.com/site/pablobranasgarza/lew
 
Description London Experimental Workshop (LEW) 2015b 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Postgraduate students
Results and Impact Experimental economics is a multidisciplinary and rapidly expanding research area in economics that has disciplinary links with psychology, sociology, anthropology and law. The LEW has been organized as an inter-university seminar series in the London area between Middlesex, Queen Mary and Royal Holloway Universities.

The workshop works as a discussion platform in the area of experimental and behavioral economics. The seminar series proposes to bring together multidisciplinary researchers from the U.K. and abroad together with leaders in the field on a regular basis to share their current research. The ultimate goal is to establish a London based network of experimental economists.

The workshops address three areas that have important economic and efficiency consequences. 1) Labour markets and virtual organization; 2) Collusion, addresses a perennial problem in markets; 3) The Emergence of Social Preferences.

The LEW2015b edition was organized at Middlesex University London and focused on topic number 3 (Social preferences). We have 3 international speakers and about 30 participants from UK institutions (Middlesex, Oxford, UEA, Royal Holloway, etc.) and abroad (Bonn, Minnesota, Passau, Koc, Zurich, Cologne, etc.).

* Speaker 1: Molly Crockett (University of Oxford) "The construction and control of moral preferences"

* Speaker 2: Christian Ruff (University of Zurich) "Social decisions: Distinct causal brain mechanisms"

* Speaker 3: Alicia Melis (University of Warwick) "The phylogeny and ontogeny of human prosociality"

The complete program can be downloaded here (see note 1):
https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjY2ZTUwMzk5NmFmM2ExMmI

The plenary sessions were interspersed with regular presentations made up of submitted papers. Note that young researchers from the UK were encouraged to submit their research and attend the conference.

The list of participants is available here: https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjZiMDQwMmM4OGNmNTFkOGY

Note 1: all files are available here: https://sites.google.com/site/pablobranasgarza/lew
Year(s) Of Engagement Activity 2015
URL https://sites.google.com/site/pablobranasgarza/lew
 
Description London Experimental Workshop (LEW) 2016a 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Postgraduate students
Results and Impact Experimental economics is a multidisciplinary and rapidly expanding research area in economics that has disciplinary links with psychology, sociology, anthropology and law. The LEW has been organized as an inter-university seminar series in the London area between Middlesex, Queen Mary and Royal Holloway Universities. The workshop works as a discussion platform in the area of experimental and behavioral economics. The seminar series proposes to bring together multidisciplinary researchers from the U.K. and abroad together with leaders in the field on a regular basis to share their current research. The ultimate goal is to establish a London based network of experimental economists.

The 2016a even took place at Queen Mary University London, June 6-7 and focused on 1) Tacit and explicit collusion in markets; 2) The Emergence of Social Preferences.

We have about 40 participants from UK institutions (Middlesex, Exeter, Surrey, Sussex, LSE, UEA, Queen Mary, Royal Holloway, etc.) and abroad (Amsterdam, Columbia, GATE Lyon, Florida State, Pennsylvania, Stockolm, etc). See the list of attendees on the web (see note 1).

Speaker 1: Prof. David Cooper (Florida State)
Speaker 2: Prof. Friederike Mengel (Essex)
Speaker 3: Prof. Simon Gaetcher (Nottingham)
Speaker 4: Prof. Bertil Tungodden (Bergen)

The complete program can be downloaded here (see note 1):

https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjI5ZDFmYzUzZDcyMGU4YjQ

Note 1: all files are available here: https://sites.google.com/site/pablobranasgarza/lew
Year(s) Of Engagement Activity 2016
URL https://sites.google.com/site/pablobranasgarza/lew
 
Description London Experimental Workshop (LEW) 2016b 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Postgraduate students
Results and Impact The London Experimental Workshop at Middlesex University London is the last event of the series.

The LEW has been organised as an inter-university seminar series in the London area between Middlesex, Queen Mary and Royal Holloway Universities. The workshop has been rotating among the 3 institutions for 3 years. The ultimate goal is to establish a London based network of experimental economists.

The 2016b even took place at Middlesex University London, Nov 10-11 and focused on Labour Markets. We had about 40 participants from UK institutions (Middlesex, Surrey, LSE, UEA, Nottingham, Royal Holloway, Southampton, etc.) and abroad (IAE-CSIC, GATE Lyon, Magdeburg, Yale, Zurich, Rutgers-Camden, Lausanne, etc.). See the list of attendees on the web (see note 1).

Speaker 1: Prof. Jordi Brandts (IAE CSIC)
Speaker 2: Prof. Brice Corgnet (Lyon)
Speaker 3: Prof. Christian Zehnder (Lausanne)
Speaker 4: Prof. Oriana Bandiera (LSE)

The complete program can be downloaded here (see note 1): https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjI5ZDFmYzUzZDcyMGU4YjQ Note 1: all files are available here: https://sites.google.com/site/pablobranasgarza/lew
Year(s) Of Engagement Activity 2016
URL https://sites.google.com/site/pablobranasgarza/lew
 
Description London PhD Experimental Workshop (LPEx) 2014 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Postgraduate students
Results and Impact The London PhD Experimental Economics Workshop is a one day workshop that aims to provide a forum for doctoral students and young researchers in the field of experimental economics to get in touch with each other, present their work and receive feedback from more experienced members of the community.

Prof. Jason Shachat (Durham) gave the plenary sessions and 8 PhD students presented their work. The complete program can be downloaded here (see note 1):

https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjMwNmVjMjIxNjBlNmM3Zg

LPEx 2014 was hosted by Middlesex University London (November). The list of participants is available here: https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjMwNmVjMjIxNjBlNmM3Zg

Note 1: all files are available here: https://sites.google.com/site/pablobranasgarza/lew
Year(s) Of Engagement Activity 2014
URL https://sites.google.com/site/pablobranasgarza/lew
 
Description London PhD Experimental Workshop (LPEx) 2015 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Postgraduate students
Results and Impact The London PhD Experimental Economics Workshop is a one day workshop that aims to provide a forum for doctoral students and young researchers in the field of experimental economics to get in touch with each other, present their work and receive feedback from more experienced members of the community. Besides the ESRC we got some money from RES for the 2015 edition.

Prof. Rosemary Nagel (Pompeu Fabra) gave the plenary sessions. Almost 30 PhD students from UK universities (RHUL, Surrey, LSE, Reading, Exeter, Middlesex, Oxford, UEA, Southampton, Loughborough, and UCL) and abroad (Munich, Barcelona, Gothenburg, Rotterdam, etc.) attended the workshop and 14 of them presented their work. The complete program can be downloaded here (see note 1):

https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjdiNjc4Y2UwZjJkNTVjZmQ

LPEx 2015 was hosted by Royal Holloway University London (December). The list of participants is available here: https://docs.google.com/viewer?a=vpd=sites&srcid=ZGVmYXVsdGRvbWFpbnxwYWJsb2JyYW5hc2dhcnphfGd4OjMxMThlNzViZDRiNDg2MTI

Note 1: all files are available here: https://sites.google.com/site/pablobranasgarza/lew
Year(s) Of Engagement Activity 2015
URL https://sites.google.com/site/pablobranasgarza/lew