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CDS Weekly Newsletter

The Center for Decision Sciences at Columbia Business School

Welcome to the Center for Decision Sciences' Weekly Newsletter. Below you can find a list of events of interest. 

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Upcoming seminars of potential interest at Columbia
 
Monday, Apr 29
 
12.10-1.30, Schermerhorn 200B (Psych Dept Social Cog Snack)
         Masters talks
         iCal (to add this event to your calendar)
 
For more information on Psych Dept Cognitive Lunch:
http://www.columbia.edu/cu/psychology/news/areatalks/socialcognitive.html
 
2.30-4.00, IAB 1101 (Economic Theory Workshop)
         Eddie Dekel
         Optimal Allocation with Costly Verification (with Elchanan Ben-Porath and Barton Lipman)
         iCal (to add this event to your calendar)
 
For more information on Economic Theory Workshop:
http://www4.gsb.columbia.edu/finance/seminars/economictheory
 
Tuesday, Apr 30
 
12.30-1.30, 332 Uris
         Management Division Seminar
         Robert Seamans (NYU)
         "Value Appropriation, Search Frictions, and Secondary Markets"
         iCal (to add this event to your calendar)
 
For more information on Management Division Seminar:
http://www4.gsb.columbia.edu/management/seminars
 
12.30-1.30, 307 Uris
         Marketing Faculty Seminar
         Monic Sun (Stanford)
         "When Does a Manufacturer Disclose Product Match Information? "
         iCal (to add this event to your calendar)
 
For more information on Marketing Faculty Seminar:
https://www4.gsb.columbia.edu/marketing/faculty/seminars
 
2.15-3.45, 1101 IAB
         IO, Organization and Strategy Seminar
         Ben Handel (Berkeley)
        “Health Insurance for Humans: Information Frictions, Plan Choice, and Consumer Welfare" (with Jonathan Kolstad)
         iCal (to add this event to your calendar)
 
For more information on the IO, Organization and Strategy Seminar:
http://www4.gsb.columbia.edu/finance/seminars/industorg
 
4.15-5.45, 1101 IAB
         Money Macro Seminar
         Matteo Maggiore
         Financial Intermediation, International Risk Sharing, and Reserve Currencies
         iCal (to add this event to your calendar)
 
For more information on the Money macro seminar:
http://www4.gsb.columbia.edu/finance/seminars/money
 
Wednesday, May 1
 
2.10-4.00, 1101 IAB
         International Economics Workshop
         Stefania Garetto (BU)
        "Diversification, Cost Structure, and the Stock Returns of Multinational Corporations" (with Jose Fillat and Lindsay Oldenski)
         iCal (to add this event to your calendar)
 
For more information on the international economics workshop:
http://www4.gsb.columbia.edu/finance/seminars/interecon
 
4.15-5.45, 1101 IAB
         Applied Microeconomics: Environment, Health, Labor and Public Finance Seminar
         Paul Oyer
         Welcome to the Club: The Returns to An Elite Degree for American Lawyers (with Scott Schaefer)
         iCal (to add this event to your calendar)
 
For more information on the applied microeconomics seminars:
http://www4.gsb.columbia.edu/finance/seminars/appliedmicro
 
Upcoming seminars of potential interest at NYU
 
Monday, Apr 29
 
2.00-4:30, Medical Center; NYC 10016; phone: (212) 263-5438; Skirball Institute
         Neuroscience Colloquia
         Rosa Cossart
         iCal (to add this event to your calendar)
 
For more information on the NYU Neuroscience Colloquia :
http://www.cns.nyu.edu/colloquia/
 
Wednesday, May 1
 
4.00-5.00, Center for Neural Science, 4 Washington Place, Rm 815.
         Microeconomic Theory Workshop
         Gabriel Carrol (Microsoft)
         Title TBA
         iCal (to add this event to your calendar)
 
For more information on the Microeconomic Theory Workshop:
http://econ.as.nyu.edu/object/econ.event.microeconomic
 
Thursday, May 2
 
4.00-5.00, Room 551 - NYU Department of Psychology  6 Washington Place
         Social Neuroscience Colloquia
         Amy Arnsten (Yale)
         Taking Prefrontal Cortex "Off-Line" During Stress: The Molecular Switch
         iCal (to add this event to your calendar)
 
For more information on the Social Neuroscience Colloquia:
http://www.psych.nyu.edu/events/colloquia.html
        
Mark your calendars:
 
Wednesday, May 8
 
12.00-2.00, Schermerhorn 501

         Cass Sunstein (Harvard)
       “Automatically Green

 
Abstract:      
Careful attention to choice architecture promises to open up new possibilities for environmental protection – possibilities that go well beyond the standard tools of economic incentives, mandates, and bans. How, for example, do consumers choose between environmentally-friendly products or services and alternatives that are potentially damaging to the environment but less expensive? The answer may well depend on the default rule. Indeed, green default rules may well be a more effective tool for altering outcomes than large economic incentives. The underlying reasons include the power of suggestion; inertia and procrastination; and loss aversion. If well-chosen, green defaults are likely to have large effects in reducing the economic and environmental harms associated with various products and activities. Such defaults may or may not be more expensive to consumers. In deciding whether to establish green defaults, choice architects should consider both consumer welfare and a wide range of other costs and benefits. Sometimes that assessment will argue strongly in favor of green defaults, particularly when both economic and environmental considerations point in their direction. But when choice architects lack relevant information, when interest-group maneuvering is a potential problem, and when externalities are not likely to be significant, active choosing, perhaps accompanied by various influences (including provision of relevant information), will usually be preferable to a green default.