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 modeling 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.

How to reach the School venue

The summer school will take place at the Free University of Bozen-Bolzano, sited in piazza Università 5, Bolzano, Italy.

The university

campus is right in the centre of town, 500 metres from the Bolzano-Bozen’s train station.

How to reach Bolzano-Bozen

Bolzano-Bozen can be reached in several ways.

An overview is available here.


By airplane

- Airport Verona (VRN), 1 hour 15 minutes drive from the Faculty

- Airport Innsbruck (INN), Austria, 1 hour 30 minutes drive from the Faculty

- The airports of Milano Malpensa (MPX), Venice (VCE), Bergamo (BGY) and Treviso (TSF) are also

viable choices.

- Airport shuttle are available from the main airports.


More information: get-there/travel- by-plane- to-south- tyrol

By train

The town is served by Italian, Austrian and German train companies:

- Trenitalia (Italy)

ÖBB – Österreichische Bundesbahn (Austria)


DB – Deusche Bahn (Germany)

By car

- Brennero Motorway A22, exit “Bolzano/Bozen Nord” or “Bolzano/Bozen Sud” (check traffic conditions on INFOTRAFIC)


The most convenient car park is in Piazza Verdi/Verdiplatz: “Parcheggio BZ-Centro – Parkplatz BZ-Mitte”: from the motorway exit, follow first the signs to the city centre, and then follow the

explicit signs to the car park.

Travel to Bolzano-Bozen ...