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 Campus la Gaillarde INRA / Montpellier SupAgro

 2, place Pierre Viala

 34060 Montpellier Cedex 2, France

The University

campus is close to the centre of town, 1500 metres from the Arc de Triomphe (Port du Peyrou) and 3 km from the Central Station.

How to reach Montpellier

Montpellier can be reached in several ways.

An overview is available here.


By airplane

- Aéroport Montpellier Méditerranée


From Montpellier Méditerrannée airport, take the shuttle (navette) to downtown Montpellier. Take the tramway line 1 (blue) direction Mosson and stop at the train station. From there, take bus n° 6 near the square, on the left, direction Euromédecine / Stop at Pierre Viala.


 Buses are running from 6am to 9pm.


More information:

By train

The town is served by high speed trains both at the Montpellier St. Roch Central Station and at the Montpellier Sud de France railway station (far from the center).

By car

Montpellier can be reached through the A9 and A75 motorways.

Travel to Montpellier