Campus

Homo economicus, Evolving

The Stanford Graduate School of Business is hosting the inaugural David M. Kreps Symposium, entitled Homo economicus, Evolving.

Inaugural Symposium

David M. Kreps Symposia comprise a series of symposia on topics of broad interest to the faculty of the Stanford Graduate School of Business. The series was created through the generous support of friends and alumni of Stanford GSB, to honor the career of Prof. Kreps.

Date

November 17, 2023

Location

Stanford Graduate School of Business

In orthodox economic models, the individual agent, Homo economicus, is self-interested and rational, with fixed preferences and perfect foresight. However, economists are increasingly modeling individuals who are generous to others, who have preferences that depend on the context and that change, and who have cognitive limitations. This evolving vision of Homo economicus has profound implications for what we learn from economic analyses. The symposium will discuss this continuing evolution of economists’ representations of people’s motives and cognitive capabilities, and the implications of this evolution for specific contexts and public policy and, more broadly, for the discipline.

Featured Speakers

Research Professor and Director of the Behavioral Sciences Program, Santa Fe Institute
James B. Duke Professor of Economics, Duke University
Professor of Practical Philosophy, University of Helsinki; Director of TINT - Centre for Philosophy of Social Science
Class of 1987 Professor in Behavioral Science and Public Policy; Professor of Psychology and Public Affairs; Inaugural Director, Kahneman-Treisman Center for Behavioral Science & Public Policy, Princeton University

Tentative Agenda

Friday, November 17, 2023

All times in Pacific Time

9:00am – 9:30am Continental Breakfast

9:30am – 9:40am

Welcome 
Jonathan Levin, Philip H. Knight Professor and Dean of Stanford Graduate School of Business

9:40am – 10:30am Samuel Bowles, Research Professor and Director of the Behavioral Sciences Program, Santa Fe Institute
10:30am – 11:00am Rachel Kranton, James B. Duke Professor of Economics, Duke University

11:50am – 1:40pm

Lunch Break

1:40pm – 2:30pm

Eldar Shafir, Class of 1987 Professor in Behavioral Science and Public Policy; Professor of Psychology and Public Affairs; Inaugural Director, Kahneman-Treisman Center for Behavioral Science & Public Policy, Princeton University

2:30pm – 3:20pm

Uskali Mäki, Professor of Practical Philosophy, University of Helsinki; Director of TINT - Centre for Philosophy of Social Science

3:20pm – 3:50pm

Refreshment Break

3:50pm – 4:20pm

Time for 5-minute statements/opinions/rebuttals from audience participants

4:20pm – 5:20pm

Roundtable Discussion

Lodging

We recommend reserving a room at the Sheraton or Westin, located close to campus. Contact the hotel and mention that you are with Stanford to receive a 15% discount off the best available rate. We also have a list of other local lodging options at various price points.

The Stanford vs Cal football game is on Saturday, November 18th. Lodging will book fast for the game, so please plan accordingly and reserve your room early.

Livestream

We will livestream the Homo economicus, Evolving symposium here starting at 9:00 a.m. PT on Friday, November 17, 2023. After the symposium, we will publish a recording when available. 

Registration

To register to attend the symposium either in person or virtually, please click on the button below.

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