Czech Republic, Prague

Behavioral Economics and Psychology

when 1 July 2017 - 8 July 2017
language English
duration 1 week
fee EUR 720

The Summer School on Behavioral Economics and Psychology brings to students of various backgrounds the state-of-art research on behavioral aspects of decision-making and experimental psychology.

The program will provide students with a unique opportunity to learn about the implications of behavioral research for policy making and creation of public institutions, as well as its practical applications for the realm of organizational management.

Course leader

Marek Havrda, Ph.D: Academic Director of the summer school

Target group

Students of either undergraduate or graduate degrees or recent graduates.

Course aim

Insights obtained from behavioral economics research can be used to design new institutional settings that will help people avoid negative consequences of their systematic errors in decision making, yet maintain the possibility of freedom of choice for those who wish to diverge from the default. This “libertarian paternalistic” approach provides one of the most interesting and practical frameworks for creating incentive structures not only in public policy sphere, but also in management and marketing.

The aim of the program is therefore to provide students with a unique opportunity to gain or deepen their knowledge of decision-making and its errors, and behavioral economics implications for policy making and public institutional settings, as well as its practical implications for the realm of organizational management. In order to better understand scientific methods used in research, the participants will design their own experiments under the supervision of the lecturers, conduct them, and present their results to the other participants, who subject them to critical discussions.

The knowledge and analytical skills, which the students shall acquire, can be utilized in the areas of policymaking, management, marketing and advertising, consulting, as well as media.

Credits info

Our programs have full accreditation from the Czech Ministry of Education. If you wish to receive credits for attending a summer school, you need to negotiate the amount of credits with your university. In the past many students have counted our programs towards their degree.

Fee info

EUR 720: The program fee for students applying by the early bird deadline of January 31 2017, is 720 EUR.
For students applying after January 31, the program fee is 790 EUR.

In both cases, the fee includes:

Tuition and reading materials;
Student’s handbook;
Maps and public transports tickets;
Accommodation for one week and two meals per day (breakfast and dinner, plus coffee breaks);
Site visits and cultural and special events.

Students are responsible for their own travel costs, lunches and other personal expenses.


There are currently no scholarships offered by the SCHOLA EMPIRICA.