Experimental Auctions: Theory and Applications in Food Marketing and Consumer Preferences Analysis. The Summer School is endorsed by the Italian Society of Agri-food Economics (SIEA).

The summer school is aimed at learning the fundamentals and the recent advances of experimental auctions.
Year 2019
Main Department Department of Agri-Food Sciences and Technologies
Campus Bologna
Credits Programme without credits
Cost € 2,250.00 - see the website of the Summer School for the Early Bird rates
Starting date Jul 02, 2019
Finishing date Jul 09, 2019
Application deadline Jul 01, 2019 (Expired)
Course overview
The summer school "Experimental Auctions: Theory and Applications in Food Marketing and Consumer Preferences Analysis" is aimed at learning the fundamentals and the recent advances of experimental auctions. It will provide the appropriate techniques to construct an experimental design, with software applications and workshops regarding specific problems in the fields of food market valuation. It will also provide the appropriate knowledge of the models used in the experimental auction literature for the data analysis. Results interpretation and policy implications will be also discussed.
Subject area
Humanities
Number of participants
40
Duration
8 days
Language
English
Additional information

PROGRAM

 

1.     Overview

  • Overview, motivation, and valuation theory; 
  • WTP and WTA gap, induced value auctions, test theory;
  • Contingent valuation and hypothetical bias: dichotomous choices, payment cards, etc..
  • Calibration methods and cheap talk.

 

2.     Auctions

  • Auction theory: incentive compatibility;
  • Econometric models for auction data;
  • Empirical modelling of data from auctions;
  • Experimental Auction case studies;
  • Examples of Auctions (computerized);
  • Auctions in practice/design issues (endowment vs full bidding, multiple rounds, multiple products, stochastic fees, sample size, bid affiliation, training, etc.);
  • Hands-on programming auctions in ztree;
  • Models for data analysis;
  • Analysis of auction data;
  • Class simulation;
  • Summing up, questions and discussion;

 

3.     Final test

  • Presentation of participants' own project;
  • Online questionnaire test

The detailed timetable will be made available to the enrolled participants.

Other requirements
The course is open to consultants, graduate students, PhD students, academics, and other practitioners, with a master’s degree in agriculture, economics, statistics, or equivalent degrees. Students with a bachelor degree who are preparing their master’s degree dissertation may also be exceptionally considered, depending on supervisor's recommendation.
Selection criteria
The applications will be evaluated on the basis of curriculum vitae and motivations indicated in the letter of application. A presentation letter by an academic supervisor (teacher or researcher) endorsing the candidate will also be considered and can be sent by e-mail to the Director of the Summer School.
Academic director
Prof. Maurizio Canavari
Place of teaching
Campus la Gaillarde INRA / Montpellier SupAgro
2, place Pierre Viala
34060 Montpellier Cedex 2, France
Compulsory attendance
Final Examination
Yes

Sofia Monari

Administration Secretariat

Address

Fondazione Alma Mater Via delle Belle Arti, 42 - 40126 Bologna

Telephone
+39 051 2098036
Fax

+39 051 2091356