<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><meta http-equiv=Content-Type content="text/html; charset=us-ascii"><meta name=Generator content="Microsoft Word 15 (filtered medium)"><style><!--
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</o:shapelayout></xml><![endif]--></head><body lang=DE-AT link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><span lang=EN-US>Dear all,<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US>You are cordially invited to attend the VCEE seminar on <b>Friday, Oct 18 <sup> </sup>from 10:00-12:00</b> (SR 1, Ground floor). We have two speakers: Jens Noll (Fehr Advice&Partner AG)<o:p></o:p></span></p><p class=MsoNormal>and Ferdinand von Siemens (U Frankfurt)<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><b><span lang=EN-US>10:00-11:00 Jens Noll </span></b><span lang=EN-US>(Fehr Advice&Partner AG)<br></span><span lang=EN-US style='font-size:12.0pt'>Behavioral Economics applied: From research to Behavioral Design<b><o:p></o:p></b></span></p><p class=MsoNormal><span lang=EN-US style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='font-size:12.0pt'>With ongoing transformative processes in an increasingly digitized and globalized environments, patterns of consumer behavior, production processes and citizen involvement are changing rapidly. FehrAdvice & Partners supports companies, organizations and policy makers in addressing these challenges: Based on evidence-based drivers of human behavior, our Behavioral Design approach and adjacently developed methods make the power of experimental evidence accessible to our clients and partners. For the continuous development of these methods, maintaining an ongoing dialogue with our scientific network is crucial. The session with the VCEE will therefore contain a brief overview of current issues we are facing with our clients, provide an overview of the developed toolset and delve into selected cases how behavioral economics and experimental methods are applied in business and policy-making contexts.<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US><o:p> </o:p></span></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;border-collapse:collapse'><tr><td style='border:solid #D4DADE 1.0pt;border-right:none;padding:0cm 0cm 0cm 0cm'></td><td width=12 style='width:9.0pt;border:solid #D4DADE 1.0pt;border-left:none;padding:0cm 0cm 0cm 0cm'></td></tr></table><p class=MsoNormal><span class=event-description><span lang=EN-US>I</span></span><span lang=EN-US>f you are interested in <b>meeting Jens Noll </b>after the seminar<b><u> </u></b>(meeting slots of 30’ , room no 05.641 (Schlag) please register via this doodle-link: <span class=MsoHyperlink><o:p></o:p></span></span></p><p class=MsoPlainText><b><span lang=EN-US><a href="https://doodle.com/poll/36m78f9weibwvzdp">https://doodle.com/poll/36m78f9weibwvzdp</a></span></b><b><span lang=EN-GB><o:p></o:p></span></b></p><p class=MsoNormal><b><span lang=EN-US><br>11:00-12:00 Ferdinand von Siemens </span></b><span lang=EN-US>(U Frankfurt)<br>Titel: Knowledge Hierarchies and the Efficient Division of Labor: Evidence from a Laboratory Experiment<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US>(joint work with Victor Klockmann and Alicia von Schenk)<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US>Abstract: Based on a simple model of knowledge hierarchies, we investigate organizations in which members decide what knowledge to acquire, and whether to work on their own problems or to help others. A steep hierarchy is more efficient than a flat hierarchy, if more diverse knowledge is needed to solve many problems. But the steep hierarchy also requires more division of labor, and the resulting coordination problems might delay or prevent the adoption of the efficient organizational form. We explore these theoretical findings in a laboratory experiment.<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='color:#333333'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US>If you are interested in <b>meeting Ferdinand von Siemens </b>after the seminar<b> </b>(meeting slots of 30’ , room no 05.644 (Zulehner) please register via this doodle-link: <o:p></o:p></span></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;border-collapse:collapse'><tr><td style='border-top:solid #D4DADE 1.0pt;border-left:solid #D4DADE 1.0pt;border-bottom:none;border-right:none;padding:0cm 0cm 0cm 0cm'></td><td width=12 style='width:9.0pt;border-top:solid #D4DADE 1.0pt;border-left:none;border-bottom:none;border-right:solid #D4DADE 1.0pt;padding:0cm 0cm 0cm 0cm'></td></tr><tr style='height:9.75pt'><td style='border-top:none;border-left:solid #D4DADE 1.0pt;border-bottom:solid #D4DADE 1.0pt;border-right:none;padding:0cm 0cm 0cm 0cm;height:9.75pt'><p class=MsoNormal style='margin-bottom:8.0pt;line-height:105%'><span class=MsoHyperlink><span lang=EN-US style='color:windowtext'><a href="https://doodle.com/poll/cy9afhht7cgmm33p">https://doodle.com/poll/cy9afhht7cgmm33p</a></span></span><span lang=EN-US style='font-size:10.0pt;line-height:105%'><o:p></o:p></span></p></td><td width=12 style='width:9.0pt;border-top:none;border-left:none;border-bottom:solid #D4DADE 1.0pt;border-right:solid #D4DADE 1.0pt;padding:0cm 0cm 0cm 0cm;height:9.75pt'></td></tr></table><p class=MsoNormal><span lang=EN-US style='color:#1F497D'><br></span><span lang=EN-US>Best regards,<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US>Gabriele Prochaska</span><span lang=EN-US style='mso-fareast-language:DE-AT'><o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US>University of Vienna<o:p></o:p></span></p><p class=MsoNormal><a href="http://econ.univie.ac.at/"><span lang=EN-US>Department of Economics</span></a><span lang=EN-US><o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US>Oskar-Morgenstern-Platz 1<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US>1090 Vienna<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US><o:p> </o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='mso-fareast-language:DE-AT'><o:p> </o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>